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Payment of bonds would come under which activity on the statement of cash flows? a) Financing. b) Operating. c) Investing. d) None of the above.
Payment of bonds would come under which activity on the statement of cash flows?
a) | Financing. | |
b) | Operating. | |
c) | Investing. | |
d) | None of the above. |
During 2012 the DLD Company had a net income of $55,000. In addition, selected accounts showed the following changes: Accounts Receivable $3,000 increase Accounts Payable 1,000 increase Building 4,000 decrease Depreciation Expense 1,500 increase Bonds Payable 8,000 increase What was the amount of cash provided by operating activities?
a) | $54,500 | |
b) | $55,000 | |
c) | $56,500 | |
d) | $64,500 |
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