FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
Which one of the following is NOT an example of cash flow from operating activities?
Select one:
a. Cash payment to suppliers for goods and services
b. Cash receipts from the sale of goods and the rendering of services
c. Cash payment of wages and salaries to employees
d. Cash receipts from disposal of non-current assets
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- What are the differences between cash from operating activities, cash from investing activities, and cash from financing activities?arrow_forwardWhich of the following is reported under the Financing Activities in the Statement of Cash Flow? O Collection of account receivable O Cash payment to suppliers Issuance of bonds payable O Sale of buildingarrow_forwardWhich of the following has a different effect on net profit than it does on cashflow? A.Cash sale to customer B.Payment for wages C.Payment for rent D.Depreciation of equipmentarrow_forward
- What is definition of record cash received from a customer for which Services have not been provided ? would it be accrued expenses, accrued revenues, prepaid expenses or unearned revenuesarrow_forwardWhich of the following is not a use of the statement of cash flows? a.Helps creditors analyze the company's operations. b.Provides information about the sources of cash flows. c.Measures how efficiently the company's cash resources are being used. d.Provides insights into the quality and reliability of reported income.arrow_forwardWhat’s the correct answer?arrow_forward
- How can I find cash provided by operations?arrow_forwardStatement of Cash , select the false statement a.The cash received from the sale of goods is a cash inflow b.Dividends paid to shareholders are recorded as a cash outflow c.Proceeds from the sale of bonds are recorded as a cash outflow d.A sale of a fixed asset is recorded as a cash inflowarrow_forward
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