Bearing in mind that IAS 7 permits an alternative classification of a few items when presenting Statements
Question:
Bearing in mind that IAS 7 permits an alternative classification of a few items when presenting Statements of cash flows, which of the following cash flow items may be reported under the heading ‘Cash flow from investing activities’?
(a) Acquisition of non-current assets
(b) Gain on disposal of non-current assets
(c) Interest paid
(d) Proceeds of disposal of non-current assets
(e) Interest received
(f) Dividend received
(g) Dividend paid
(h) Tax paid
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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