Classifi cation of Activities for Carnival Corporation Carnival Corporation & plc is one of the largest cruise
Question:
Classifi cation of Activities for Carnival Corporation Carnival Corporation & plc is one of the largest cruise companies in the world with such well-known brands as Carnival Cruise Lines, Holland America Line, and Princess Cruises. Classify each of the following items found on the company’s 2008 statement of cash fl ows according to whether it would appear in the Operating Activities section (O), in the Investing Activities section (I), or in the Financing Activities section (F). The company uses the indirect method in the Operating Activities section of its statement.
______ 1. Dividends paid ______ 2. Proceeds from issuance of other long-term debt ______ 3. Depreciation and amortization ______ 4. Additions to property and equipment ______ 5. Purchases of treasury stock, net ______ 6. Net income AppendixLO1
Step by Step Answer:
Using Financial Accounting Information The Alternative To Debits And Credits
ISBN: 9780538452748
7th Edition
Authors: Curtis L. Norton, Gary A. Porter