Question
18. Cash interest from investments is recorded as _______ in statements of cash flows for U.S. GAAP, but can be recorded as ________ when using
18. Cash interest from investments is recorded as _______ in statements of cash flows for U.S. GAAP, but can be recorded as ________ when using IFRS.
a. cash flows from investing activities / cash flows from financing activities
b. cash flows from financing activities / cash flows from operating activities
c. cash flows from operating activities / cash flows from financing activities
d. cash flows from operating activities / cash flows from investing activities
19. The balance sheet provides information on all of the following except:
a. how management invested its money.
b. assessing rates of return.
c. the market price of the companys stock.
d. where the money came from.
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