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Advise if these are correct? Question 29 When a company uses the direct method to determine the cash flows from operating activities, cash flows from
Advise if these are correct?
Question 29 When a company uses the direct method to determine the cash flows from operating activities, cash flows from operating activities will: be identical to the amount reported using the indirect method. be larger if there is a net cash inflow and smaller if there is a net cash outflow compared to the amount reported using the indirect method. C C always be larger than the amount reported using the indirect method. be larger if there is a net cash outflow and smaller if there is a net cash inflow compared to the amount reported using the indirect method. Question 30 Acme Enterprises just bought a new manufacturing machine. Which of these costs should not be capitalized? G The $100 increase in monthly utility bills to operate the machine The $500,000 invoice price of the machine The $15,000 freight bill to deliver the machine to Acme's factory The $8,000 cost of tearing down Acme's factory wall to get the machine inside c C The $1,200 cost of installing the machine in factory
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