Question
For each of the following transactions, indicate the direction of cash flow and the type of activities concerned with cash flowi.e., cash [inflow/ outflow] from
For each of the following transactions, indicate the direction of cash flow and the type of activities concerned with cash flowi.e., cash [inflow/ outflow] from [operating/ investing/ financing] activities.
E.g., cash received from the sale of services to customers: Answer: cash inflow from operating activities
- cash received from interest earned on a bond investment
Answer: cash [ ] from [ ] activities
- cash paid for retiring common stock
Answer:
- cash from the sale of marketable securities
Answer:
- cash paid to government agencies for taxes
Answer:
- cash received from the sale of equipment
Answer:
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Enron And World Finance A Case Study In Ethics
Authors: P. Dembinski, C. Lager, A. Cornford, J. Bonvin
1st Edition
