Home / Questions / Identify each of the following transactions as an operating activity (O), an investing act
Identify each of the following transactions as an operating activity (O), an investing activity (I), a financing activity (F), or a transaction that is not reported on the statement of cash flows (N).
a) ________ Receipt of interest
b) ________ Increase of accounts payable
c)________ Borrowed money from a bank
d) ________ Purchase of building for cash
e) ________ Cash declaration of dividends
f) ________ Sold plant equipment for cash
g) ________ Increase of accounts receivable
h) ________ Payment on principal of a note
54) Identify where each of the following transactions would be shown on the statement of cash flows when it is prepared by the indirect method. Identify each transaction as an operating activity (O), an investing activity (I), a financing activity (F), or transaction that is not reported on the statement of cash flows (N).
a) ________ Paid for fire insurance in advance
b)________ Cash used to purchase new computers
c) ________ Cash used to retire bonds outstanding
d) ________ Amortization expense
e) ________ Cash used to purchase fixed assets
f) ________ Cash proceeds from sale of the company's own shares
g) ________ Bought back own shares
h) ________ Received cash dividends
55) The following information is given for Nevada Times:
Net income$20,000
Amortization expense4,000
Decrease in accounts receivable2,000
Increase in supplies on hand3,000
Sale of common shares10,000
Purchase of equipment5,000
Loan money to a customer4,000
Decrease in accounts payable1,000
The indirect method is used.
Required:
Answer the following questions with the information provided above.
a) The cash flow from operating activities is ________________.
b) The cash flow from investing activities is ________________.
c) The cash flow from financing activities is ________________.
Dec 07 2019 Read more Less More
The Audiology Department at Randall Clinic offers many services to the clinic's patients. The three most common. along with cost and utilization data, are as follows: a. ...
Apr 15 2020You are transporting some boxes through a tunnel. where each box is a parallelepiped. and is characterized by its length, width and height. The height of the tunnel 41 fe...
May 27 2020Suspended gyroscopeA gyroscope wheel is at one end of an axle of length A . The other end of the axle is suspended from a string of length B . The wheel is set into motio...
Jun 19 2020Problem 3: VSL a) Describe VSL (i.e., “Value of a Statistical Life”) in terms that a non-economist can understand, taking care to “de-stigmatize” this economic concept (i...
Jun 06 2020Mona is interested in buying a new computer. She has heard that Shell processors are on the low end of the cost spectrum and that the company offers an excellent warranty...
Jan 25 2020Assess whether Markel Corporation can improve the performance of its currency hedging and increase its profits from it. Explain why or why not.
May 29 2018his task is a major essay on examining and working across difference (maximum 2,500 words).The assignment should be submitted via the Turnitin link provided in the Assess...
Feb 01 2020Volunteer Fabricators, Inc. (VF) currently has zero debt. It is a zero growthcompany, and it has the data shown below. Now the company is considering usingsome debt, movi...
May 14 2020Which of the following is a merit good in the United States?a.public housingb.chessc.seat beltsd.defensee.bread52. Merit goods area.goods that everyone want...
Feb 11 2020All but which of the following are part of today’s conception of the management of diversity?A. Educational backgroundB. Functional areaC. Communication styleD. Affirmati...
May 29 2020Welcome to MyCourseHelp Services, World's leading Academic solutions provider with Millions of Happy Students.