Question
For each of the following items, assuming the company reports cash flows from operations using the Indirect Method, Indicate whether the item is: A positive
For each of the following items, assuming the company reports cash flows from operations using the Indirect Method, Indicate whether the item is:
A positive cash flow from Operating activities = +O
A negative cash flow from Operating activities = -O
A positive cash flow from Financing activities = +F
A negative cash flow from Financing activities = -F
A positive cash flow from Investing activities =+I
A positive cash flow from Investing activities =-I
A non-cash financing and investing activity = N
Depreciation expense | |
Cash paid to acquire a patent | |
Interest income received | |
Proceeds from the sale of Land | |
Inventory decrease | |
Cash paid for dividends | |
Cash paid for interest on bond payable | |
Cash paid to purchase equipment | |
Net Income | |
Accounts receivable increase | |
Acquirinng land by issuing a note payable | |
Prepaid rent decrease | |
Cash paid on a note payable | |
Issuance of common stock for cash | |
Cash proceeds on the issuance of bonds |
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