Please pick the TRUE statement about Tesla's cash movement in 2021Cash was used by operating investing and financing activities.○ Cash was generated by operating and financing activities; Cash was used by investing activities;O Cash was generated by operating, investing and financing activities;Cash was generated by operating activities; Cash was used by investing and financing activities;

In 2021, Tesla demonstrated a strong cash generation capability primarily through its operating and…

Answered: Please pick the TRUE statement about…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 16CE

See similar textbooks

Similar questions

Write an X in the appropriate column to show whether each of the following cash flows should be classified as an operating, investing, or financing. Also, indicate whether it represents a cash inflow or outflow. Cash Flow Operating Investing Financinga. Received cash from issuance of common stock __ __ __b. Net Income __ __ __c. Received cash from sale of used equipment __ __ __ d. Paid cash dividends __ __ __e. Paid cash to settle a note payable __ __ __f. Paid cash to purchase new computer __ __ __g. Paid cash to pay inventories __ __ __h. Received cash from issuance of bonds payable __ __ __i. Received cash from sale of investment __ __ __j. Paid cash to repurchase stocks __ __ __
From the following summary of Cash Account of BT21 Ltd., using the direct method, what is the net cash provided by operating, investing, and financing activities, respectively.
23 Which transaction should be included in the operating activities section of the statement of cash flows? Receipt of cash from the sale of property Payment of cash interest Receipt of cash from the sale of stock Payment of cash dividends NEXT > BOOKMARK
41When a company sells equipment for cash, which of the following is the correct reporting on the statement of cash flows? Gain or loss in operating section, amount of cash received in operating section Gain or loss in operating section, amount of cash received in investing section Gain or loss in investing section, amount of cash received in operating section Gain or loss in investing section, amount of cash received in investing section
Q: The accounting staff of Wyoming Outfitters, Inc., has assembled the following information in the image for the year ended December 31, 2011: Using this information, prepare a statement of cash flows. Include a proper heading for the financial statement, and classify the given information into the categories of operating activities, investing activities, and financing activities. Determine net cash flows from operating activities by the direct method. Place brackets around the dollar amounts of all cash disbursements.
When preparing the operating section of the cash flow statement using the indirect method, which of the following financial statements or sections in the financial statement are used? O Long-term liabilities and stockholders' equity from the balance sheet. O Long-term assets from the balance sheet. O Income statement plus long-term assets from the balance sheet. O Income statement plus current assets and current liabilities from the balance sheet. ASUS f4 f5 f6 f7 [X f8 f9 f10 f11 %24 & 4. 5 7 Y G H. 因 6 近 F. 图
24. Which of the following is considered an investing activity and a source of cash? a - Purchase of equipment b- Sale of Amazon’s stock held as an investment c- Issuance of corporate stock d- Receipt of interest on savings account
Cash receipts from royalties, fees, commissions, and other revenues are classified on the statement of cash flows as Cash inflows from operating activities O Cash inflows from investing activities Cash outflows for financing activities O Cash outflows for investing activities
Net cash provided/used by operating activities can be determined using the __________ (cash, direct, indirect, non-cash, or T-account) method or the _________ (T-account, non-cash, direct, cash, or indirect) method. (Enter answers in alphabetical order.)
In which of the three activity categories of a statement of cash flows would each of the following items appear? Indicate for each item whether it represents a cash inflow or a cash outflow: a. Cash purchase of equipmentb. Cash collection on loansc. Cash dividends paidd. Cash dividends receivede. Cash proceeds from issuing stockf. Cash receipts from customersg. Cash interest paidh. Cash interest received
Which of the following would be considered a cash outflow for investing activities? a. cash paid to purchase product for inventory b. cash paid to reacquire common stock c. cash paid to repay debt d. cash paid to purchase equipment
25.When using the indirect method to show operational activities in the Statement of Cash Flows, the company must explicitly disclose the amount of cash paid for Select one: a interests. b. interest and wages. c. interest and taxes. d. wages.

SEE MORE QUESTIONS

Recommended textbooks for you

Cornerstones of Financial Accounting

Accounting

ISBN:

9781337690881

Author:

Jay Rich, Jeff Jones

Publisher:

Cengage Learning

Managerial Accounting

Accounting

ISBN:

9781337912020

Author:

Carl Warren, Ph.d. Cma William B. Tayler

Publisher:

South-Western College Pub

Intermediate Accounting: Reporting And Analysis

Accounting

ISBN:

9781337788281

Author:

James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:

Cengage Learning

Cornerstones of Financial Accounting

Accounting

ISBN:

9781337690881

Author:

Jay Rich, Jeff Jones

Publisher:

Cengage Learning

Managerial Accounting

Accounting

ISBN:

9781337912020

Author:

Carl Warren, Ph.d. Cma William B. Tayler

Publisher:

South-Western College Pub

Intermediate Accounting: Reporting And Analysis

Accounting

ISBN:

9781337788281

Author:

James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:

Cengage Learning

Principles of Accounting Volume 1

Accounting

ISBN:

9781947172685

Author:

OpenStax

Publisher:

OpenStax College

SEE MORE TEXTBOOKS