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The correct cash flows from financing activities is: Below is an example of an incorrectly prepared statement of cash flows. The descriptions of activities are
The correct cash flows from financing activities is:
Below is an example of an incorrectly prepared statement of cash flows. The descriptions of activities are correct.
Cash from operating activities
Net income
Depreciation
Increase in accounts receivable
Increase in deferred tax liability
Cash from investing activities
Purchase of marketable securities
Dividends paid
$
$
Cash from investing activities
Purchase of marketable securities
Dividends paid
Cash from financing activities
Increase in shortterm debt
$
Increase in longterm debt
$
Increase in cash
$
$
$
$
None of the above
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