Prestige Manufacturing Corporation reports the following items in its 2010 statement of cash flows presented using the
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Prestige Manufacturing Corporation reports the following items in its 2010 statement of cash flows presented using the direct method. Indicate whether each item is disclosed in the operating activities (O), investing activities (1), or financing activities (F) section of the statement under GAAP or (NA) if the item does not appear on the statement.
_________ 1. Payment for equipment purchase.
_________ 2. Repayments of bank loan.
_________ 3. Dividends paid.
_________ 4. Proceeds from issuance of stock.
_________ 5. Interest paid.
_________ 6. Receipts from customers.
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Managerial Accounting
ISBN: 9780078110771
1st Edition
Authors: Stacey WhitecottonRobert LibbyRobert Libby, Patricia LibbyRobert Libby, Fred Phillips
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