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:
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.
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 ________________.
Choose an article that interests you and relates to the environment. Note, PRESS RELEASES CAN BE BIASED, AND THEY ARE NOT ACCEPTABLE. Stay away from Science Daily, as mos...Mar 17 2020
Hot water at 85°C flows through a thin-walled copper tube of 30-mm diameter. The tube is enclosed by an eccentric cylindrical shell that is maintained at 35°C and has a d...Jun 27 2020
You are evaluating a project with the following expected cash flows: an initial investment of $14 million, followed by cash flows of $5, $11 and $18 million in years 1, 2...May 20 2021
Entrepreneurship has a fairly high failure rate. What psychological, emotional, and financial concerns might a new entrepreneur have concerning the possibility of failur...Nov 25 2019
Draw the starting materials (diene and dienophile) for the preparation of the following compounds using Diels-Alder reaction.Jul 26 2021
How do you find the mass ratio of elements in a reaction?Jun 24 2021
On 13 January, Tacoma Co., an Australian company anticipates that it will need Chinese yuan (CNY) in March when it orders supplies from a Chinese supplier. Tacoma, theref...Apr 26 2021
Building Better BonesTiffany, shown in FIGURE 35.10, was born with multiple fractures in her arms and legs. By age six, she had undergone surgery to correct more than 200...Jul 06 2021
If the minimum wage is set below the equilibrium wage rate, what effect does it have?Jul 09 2021
Discuss: Randomization is a control method that helps to eliminate alternative rival hypotheses that might otherwise explain the results of the study.Aug 24 2020