The statement of cash flows is one of the four financial statements; income statement, balance sheet, statement of owner’s equity, and statement of cash flows. The statement of cash flows is prepared to know the cash flow position of the business. The statement shows cash flows under three different types of business activities; operating activities, investing activities, and financing activities. To indicate: the list of items under the three activities if cash flows of the company.

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Answer 1

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Chapter 12, Problem 14DQ

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Concept Introduction:

The statement of cash flows is one of the four financial statements; income statement, balance sheet, statement of owner’s equity, and statement of cash flows. The statement of cash flows is prepared to know the cash flow position of the business. The statement shows cash flows under three different types of business activities; operating activities, investing activities, and financing activities.

To indicate:the list of items under the three activities if cash flows of the company.

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Samsung’s statement of cash flows in Appendix A reports the change in cashand equivalents for the year ended December 31, 2017. Identify the cash generated (or used) by operating activities, by investing activities, and by financing activities.

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Answer 2

Question

Chapter 12, Problem 14DQ

Summary Introduction

Concept Introduction:

The statement of cash flows is one of the four financial statements; income statement, balance sheet, statement of owner’s equity, and statement of cash flows. The statement of cash flows is prepared to know the cash flow position of the business. The statement shows cash flows under three different types of business activities; operating activities, investing activities, and financing activities.

To indicate:the list of items under the three activities if cash flows of the company.

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Answer 3

Question

Chapter 12, Problem 14DQ

Summary Introduction

Concept Introduction:

The statement of cash flows is one of the four financial statements; income statement, balance sheet, statement of owner’s equity, and statement of cash flows. The statement of cash flows is prepared to know the cash flow position of the business. The statement shows cash flows under three different types of business activities; operating activities, investing activities, and financing activities.

To indicate:the list of items under the three activities if cash flows of the company.

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Answer 4

Question

Chapter 12, Problem 14DQ

Summary Introduction

Concept Introduction:

The statement of cash flows is one of the four financial statements; income statement, balance sheet, statement of owner’s equity, and statement of cash flows. The statement of cash flows is prepared to know the cash flow position of the business. The statement shows cash flows under three different types of business activities; operating activities, investing activities, and financing activities.

To indicate:the list of items under the three activities if cash flows of the company.

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Answer 5

Chapter 12, Problem 14DQ

Summary Introduction

Concept Introduction:

The statement of cash flows is one of the four financial statements; income statement, balance sheet, statement of owner’s equity, and statement of cash flows. The statement of cash flows is prepared to know the cash flow position of the business. The statement shows cash flows under three different types of business activities; operating activities, investing activities, and financing activities.

To indicate:the list of items under the three activities if cash flows of the company.

Answer 6

Chapter 12, Problem 14DQ

Summary Introduction

Concept Introduction:

The statement of cash flows is one of the four financial statements; income statement, balance sheet, statement of owner’s equity, and statement of cash flows. The statement of cash flows is prepared to know the cash flow position of the business. The statement shows cash flows under three different types of business activities; operating activities, investing activities, and financing activities.

To indicate:the list of items under the three activities if cash flows of the company.

Answer 7

Chapter 12, Problem 14DQ

Summary Introduction

Concept Introduction:

The statement of cash flows is one of the four financial statements; income statement, balance sheet, statement of owner’s equity, and statement of cash flows. The statement of cash flows is prepared to know the cash flow position of the business. The statement shows cash flows under three different types of business activities; operating activities, investing activities, and financing activities.

To indicate:the list of items under the three activities if cash flows of the company.

Answer 8

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Answer 11

Ch. 12 - What is the reporting purpose of the statement of...Ch. 12 - Prob. 2DQ Ch. 12 - Prob. 3DQ Ch. 12 - Describe the direct method of reporting cash flows...Ch. 12 - Prob. 5DQ Ch. 12 - Prob. 6DQ Ch. 12 - Prob. 7DQ Ch. 12 - Prob. 8DQ Ch. 12 - Prob. 9DQ Ch. 12 - Prob. 10DQ

Solution Summary: The author explains that the statement of cash flows is prepared to know the cash flow position of the business.

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