Woolworths Group is one of the largest retailers in Australia and New Zealand. Some of the items
Question:
Woolworths Group is one of the largest retailers in Australia and New Zealand. Some of the items included in its recent annual consolidated statement of cash flows presented using the direct method are listed here. Indicate whether each item is disclosed in the Operating Activities (O), Investing Activities (I), or Financing Activities (F) section of the statement or use (NA) if the item does not appear on the statement.
_____ 1. Proceeds from the sale of property, plant, and equipment.
_____ 2. Net interest paid.
_____ 3. Payments for intangible assets.
_____ 4. Payments to suppliers and employees.
_____ 5. Proceeds from borrowings.
_____ 6. Dividends paid.
_____ 7. Income tax paid.
_____ 8. Receipts from customers.
_____ 9. Payments for the purchase of investments.
_____ 10. Proceeds from the issue of equity securities.
Step by Step Answer:
Financial Accounting
ISBN: 9781264229734
11th Edition
Authors: Robert Libby, Patricia Libby, Frank Hodge