The sale of inventory for cash is reported on the statement of cash flows under a. operating
Question:
The sale of inventory for cash is reported on the statement of cash flows under
a. operating activities.
b. investing activities.
c. financing activities
d. non-cash investing and financing activities.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Financial Accounting
ISBN: 9780135433065
7th Canadian Edition
Authors: Walter Harrison, Wendy Tietz, C. Thomas, Greg Berberich, Catherine Seguin
Question Posted:
Students also viewed these Business questions
-
You want to invite your friend to a concert. You know that your friend is really busy with school but you also know there is a 40% chance he will say yes because he really likes the artist is...
-
(Multiple Choice) 1. Paying off bonds payable is reported on the statement of cash flows under a. financing activities. b. non-cash investing and financing activities. c. operating activities. d....
-
Multiple Choice Questions 1. Paying off bonds payable is reported on the statement of cash flows under a. Noncash investing and financing activities. b. Investing activities. c. Operating activities....
-
Which set of parametric equations is shown in the graph below? Explain your reasoning. (a) (b) x = t y = f
-
What are the advantages of using hydraulic systems rather than mechanical systems to operate automobile brakes or the control surfaces of an airplane?
-
Irvin Enterprises is considering the purchase of a new piece of equipment to replace the current equipment. The new equipment costs $75,000 and requires $5,000 in installation costs. It will be...
-
Neither lines of code nor function point estima- tion pertains to this task. Explain one other way you can improve the quality of your estimate.
-
During December, Western Solvent completed 40,000 units. At the end of December, there were 10,000 units in ending Work in Process that were 30 percent complete with respect to labor and overhead and...
-
25. Ali and Sara agree on the price of sold goods but did nit agree on time and place of delivery What would be a court decision on this matter? (6 Points) Enter your
-
Selling equipment is reported on the statement of cash flows under a. operating activities. b. investing activities. c. financing activities. d. non-cash investing and financing activities.
-
Paying off bonds payable is reported on the statement of cash flows under a. operating activities. b. investing activities. c. financing activities, d. non-cash investing and financing activities.
-
Assume that Toyland store bought and sold a line of dolls during December as follows: Dec. 1Beginning merchandise inventory... 11 units @ $ 8 each 8 Sale................... 6 units @ $ 21 each 14...
-
In the introduction to "The Five Sexes," Anne Fausto-Sterling writes that she had to "invent conventions - s/he and his/her - to denote someone who is clearly neither male nor female or who is...
-
Select a product described as one of the "Biggest Product Flops" of 2019 that you will bring back to the market. To, you will need to engage in some research to understand why the product failed to...
-
Breaking the Bank Case Questions (video found at: http://www.pbs.org/wgbh/pages/frontline/breakingthebank/view/?utm_campaign=viewpage &utm_medium=grid&utm_source=grid) 1) To what extent were the...
-
Please answer in full and write legibly. Suppose Alice has taken 7 classes college, and her current GPA is 3.48 (assume for simplicity that all courses carry the same number of credits). Answer the...
-
F. Explain how to overcome two potential biases (e.g., prejudice, discrimination) using culturally competent strategies that will help improve stakeholder communication. G. Explain how to mitigate...
-
Joshua Franz earned $4600 during the summer and put $3500 of the money in a newly opened savings account for use during the school year. It is now November4th and Joshua went to the bank to withdraw...
-
The nitrogen atoms in N2 participate in multiple bonding, whereas those in hydrazine, N2H4, do not. (a) Draw Lewis structures for both molecules. (b) What is the hybridization of the nitrogen atoms...
-
(1) What is a single-step Income Statement and how does it differ from a multiple-step Income Statement? Discuss the benefits or drawbacks of each. Why would a business choose one over the other? (2)...
-
The net income for Year 1 (the first year of operations for the company) was $21,000 and dividends of $12,500 were paid. In Year 2, the company reported net income of $35,000 and paid dividends of...
-
Reba Dixon is a fifth grade school teacher who earned a salary of $38,000 in 2020. She is 45 years old and has been divorced for four years. She receives $1,200 of alimony payments each month from...
Study smarter with the SolutionInn App