Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 1) Refer to the following cash receipts and cash payments, clearly state which one is cash flow from operating activities (OCF +/-), or investing

Question 1) Refer to the following cash receipts and cash payments, clearly state which one is cash flow from operating activities (OCF +/-), or investing activities (ICF +/-) or financing activity (FCF+/-).

8. Cash receipts from sale PPEs

9. Cash payments to purchase debt or equity securities of other companies ===> invested in debt/equity securities

10. Cash receipts from sale debt or equity securities of other companies ===> sale of investment in debt/equity securities

11. Cash payments to stockholders as dividend

12. Cash receipts from dividend revenue

13. Cash payments for loans made to other companies

14. Cash receipts from collection of the principal of loans

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

Step: 3

blur-text-image

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

Modern Auditing And Assurance Services

Authors: Philomena Leung, Paul Coram, Barry J. Cooper, Peter Richardson

6th Edition

1118615247, 9781118615249

More Books

Students also viewed these Accounting questions

Question

Find the sum of the series.

Answered: 1 week ago