Which of the following is not a cash disbursement item? a. Cash purchases b. Cash dividend payment c. Payments of accounts payable d. Sale of common and preferred stock

Classifying Items in the Statement of Cash Flows The following items are commonly reported in a statement of cash flows (indirect method presentation). For each item 1 through 20, determine (a) in which section the item is presented (operating, investing, or financing) and (b) whether the associated dollar amount is added or subtracted in the statement.   (a) (b) 1. Payments of short-term debt. Answer Answer 2. Repurchases of common stock. Answer Answer 3. Purchases of property and equipment. Answer Answer 4. Sale of investments classified as long-term. Answer Answer 5. Proceeds from the issuance of common stock. Answer Answer 6. Increase in prepaid expenses and other current assets. Answer Answer 7. Acquisition for cash of a competitor. Answer Answer 8. Increase in current income tax payable. Answer Answer 9. Decrease in accounts payable. Answer Answer 10. Dividends paid to stockholders. Answer Answer 11.…

cash flows from financing activities does not include a. issuance of stock b. interest received c. cash dividends paid d. retirement of bonds payable

On the statement of cash flows, the cash flows from investing activities section would include   a. payments for retirement of bonds payable   b. receipts from the issuance of common stock   c. payments for dividends   d. receipts from the sale of investments