Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Match the following Cash flows from operating activities, Cash flows from Investing activities, Cash flows from financing activities, Direct Method, Indirect Method, Net Income, Cash

Match the following

Cash flows from operating activities, Cash flows from Investing activities, Cash flows from financing activities, Direct Method, Indirect Method, Net Income, Cash Balance, Purchasing Inventory, Cash from the sale of a building, Dividend Payments

WITH

The last item listed on the statement of Cash flows which also appears on the balance sheet,

an example of a cash outflow under financing activities,

cash flows that affect the net income of the company,

cash flows from purchasing and selling equipment and buildings,

requires receipts of payments which is not readily available so this method isn't commonly used,

this method makes adjustments from net income using information that is readily available so this method is commonly used,

an example of a cash outflow under operating activities,

cash flows from issuing debt/stock or paying off debt,

an example of a cash inflow under investing activities,

the first item listed on the statement of cash flows

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Tax Audit Approach And Due Diligence Related To Tax Credits

Authors: Mohamed Ben Sassi

1st Edition

6204246941, 978-6204246949

More Books

Students also viewed these Accounting questions

Question

3. Describe the communicative power of group affiliations

Answered: 1 week ago