Which of the following describes the operating activities as shown in the statement of cash flows?
Which of the following describes the operating activities as shown in the statement of cash flows?
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 13MCQ
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Question
Which of the following describes the operating activities as shown in the statement of
a.
Includes increases and decreases in long-term assets
b.
Includes transactions that primarily impact current assets and current liabilities
c.
Shows the beginning and ending balance of cash
d.
Includes transactions affecting the capitalization of the business
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