All except which of the following activities are reported on the statement of cash flows? |
Marketing activities |
On the statement of cash flows, activities that create long-term liabilities are usually |
Financing activities |
On the statement of cash flows, activities affecting long-term assets are |
Investing activities |
On the statement of cash flows, activities that obtain the cash needed to launch and sustain a company are |
Financing activites |
On the statement of cash flows, the exchange of stock for land would be reported as which of the following. |
Noncash investing and financing activities |
Paying off bonds payable is reported on the statement of cash flows under |
Financing activities |
The sale of inventory for cash is reported on the statement of cash flows under |
Operating activities |
Selling equipment for cash is reported on the statement of cash flows under |
Investing activities |
Which of the following terms appears on a statement of cash flows - indirect method? |
Depreciation expense |
On an indirect method statement of cash flows, an increase in a prepaid insurance would be |
Deducted from net income |
On an indirect method statement of cash flows, an increase in account payable would be |
Added to net income in the operating activities section |
On an indirect method statement of cash flows, a gain on the sale of plant assets would be |
Deducted from net income in the operating activities section |
A company uses the direct method to prepare the statement of cash flows. Select an activity for each of the following transaction: 1. Receiving cash dividends is a/an ____ activity |
1. Operating 2. Financing activity |