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voricncuci, i. prepares its statement of cash flows using the indirect method. In Nonebetter's statement of cash flows, what were the totals of the amounts
voricncuci, i. prepares its statement of cash flows using the indirect method. In Nonebetter's statement of cash flows, what were the totals of the amounts that increased and decreased, respectively, net cash from operations? Select one: a. $86,400;$9,400 b. $23,400;3,900 C. $91,400;$4,400 d. $98,400;$3,900 e. $93,900;$1,900 on October 1 of 2014 for $500,000. It was expected to have a useful life of 8 years. Pristine uses the straight line method of depreciation. How would the equipment sale be reported in Pristine's statement of cash flows for 2020 ? Select one: a. $25,000 added to net income in operating activities section; $100,000 reported as a cash inflow in investing activities section; $90,000 reported as cash outflow in financing activities section. b. $25,000 subtracted from net income in operating activities section; $10,000 reported as a cash inflow in investing activities section; $90,000 reported as cash outflow in financing activities section. c. $25,000 added to net income in operating activities section; $10,000 reported as a cash inflow in investing activities section; $90,000 disclosed as a nonoperating investing activity. d. $10,000 positive impact on investing activities total; $90,000 disclosed as a nonoperating investing activity. e. $25,000 subtracted from net income in operating activities section; $100,000 reported as a cash inflow in investing activities section; $90,000 reported as cash outflow in financing activities section. Which of the following statements is inaccurate regarding non-GAAP financial measures included in a company's annual report? a. Non-GAAP financial measures provide additional information that could be used to evaluate the financial health of the company. b. Non-GAAP financial measures are more flexible and do not have to be calculated in a way comparable to other companies in the same industry using similar measures. c. Non-GAAP financial statement disclosures are regulated by the FASB. Select one: a b c a and b b and c a and c Which of the following statements is (are) true? The statement of cash flows is required if a company provides a set of statements that includes a balance sheet and statement of operations. b. If an equipment purchase is financed 100% through the manufacturer, the total cost should be reported in both the investing and financing sections of the cash flow statement. Payments of dividends and interest are classified as operating activities. Select one: a and c band c b c a a and b You have the following additional information: - Equipment with a net book value of $10,000 was sold for $12,000, cash during the year. The equipment originally cost $50,000. - During 2020, Inches paid $5,000 down on equipment purchase and financed the balance. That was the only purchase of equipment made during the year. - The company issued common stock during the year, for cash. - No dividends were declared during the year. - Inches used the indirect method in its Statement of cash flows. What was reported as net cash from operating activities in Inches' Statement of cash flows for 2020? Select one: a. $(23,200) b. $(2,400) c. $(22,400) d. $37,600
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