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My question is question 4 5,000 2,000 10,000 4,000 b. 0.80 C. 0.30 d. 1.25 QUESTIONS statement a. b. s section c. 1. What is
My question is question 4
5,000 2,000 10,000 4,000 b. 0.80 C. 0.30 d. 1.25 QUESTIONS statement a. b. s section c. 1. What is the definition of cash equivalents? Give three examples of cash equivalents. 2. Why are cash equivalents included with cash in a statement of cash flows? 3. What are the three major types of activities classified on a statement of cash flows? Give an example of a cash inflow and a cash outflow in each classification. 4. In which of the three activity categories of a statement of cash flows would each of the following items appear? Indicate for each item whether it represents a cash inflow or a cash outflow: Cash purchase of equipment Cash collection on loans Cash dividends paid d. Cash dividends received e. Cash proceeds from issuing stock f. Cash receipts from customers 8. Cash interest paid h. Cash interest received 5. Why is a statement of cash flows a useful financial statement? 6. What is the difference between the direct method and the indirect method of presenting the cash flow from operating activities? 7. In determining the cash flow from operating activities using the indirect method, why is it necessary to add depreciation back to net income? Give an example of another item that is added back to net income under the indirect method. 8. Vista Company sold land for $98,000 cash that had originally cost $70,000. The company recorded a gain In the sale of $28.000. How is this event reported in a statement of cash flows using the indirect method? wing information what is its cash flow from onerating neet What isStep by Step Solution
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