How many of these would be classified as investing activities on a statement of cash flows? purchase
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How many of these would be classified as investing activities on a statement of cash flows? purchase of a computer issue of debentures purchase of inventory payment of dividends Select one: a. One b. TWO c. Three 1. d. Four Which statement concerning the interpretation of a statement of cash flows is untrue? Select one: a. The statement of cash flows as required under IAS 7/AASS 107 only goes some of the way in enabling users to establish the liquidity/solvency position of an entity b. ways in which cash flows can be manipulated include delaying cash payments and employing finance leases C. It is the indirect method rather than the direct method of preparation that is preferred by the standard setters d. The notes to the statement of cash flows are important in interpreting the firm's cash position 2. activities in a staternent of cash flows are those activities which relate to the main revenue-producing activities of the entity. 3. The records of Count Bases Pizza's showed the following: Pizza ovens and equipment Accumulated depreciation ovens and equipment 30 June 2013 30 June 2014 $49 000 $53 000 $10 000 $12 000 $5 000 $3 000 Cost of equipment sold Carrying value of equipment sold Proceeds of sale of equipment sold $4 500 What is the investing cash inflow for equipment sold during 2013/147 Select one: a. Carrying value of equipment sold 53 000 b. Equipment sold 54 000 C. Proceeds of sale of equipment S4 500 d Cost of equipment sold $5 000 4
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