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Which of the following would be disclosed as a non-cash investing and financing activity? O All of these would be classified as non-cash investing and
Which of the following would be disclosed as a non-cash investing and financing activity? O All of these would be classified as non-cash investing and financing activities. The issuing of preference shares that will be convertible into ordinary shares upon maturity. An increase in the market value of a parcel of land. O An investment in another entity whereby the company issues one share in exchange for every two held in the other entity. O Credit purchases of inventory unpaid at the reporting date. Question 38 1 pts Which of the following events could NOT be indicative of a potential cash flow? O A decrease in Provisions from the previous period. O A decrease in Retained earnings from the previous period. O None - they are all indicative of a potential cash flow. An increase in Prepaid expenses from the previous period. O An increase in Reserves from the previous period. On 1/4/2021, Diafimisi Limited entered into a six-month advertising contract by paying $22,500 on that date. State, to the nearest whole dollar, the cash outflow arising from this event for the year ended 30 June 2021 Question 40 1 pts During the current period, Polisi Ltd sold a retail property for $34 million. The property was acquired for $28 million 15 years ago and at the time of the sale it had a carrying amount of $15 million. State, in dollar millions, the cash inflow arising from this event. Daneistis Limited provides the following loan schedule in relation to its borrowings: Date Payment ($) Interest ($) Principal ($) Balance ($) 30 June 2020 749,950 30 June 2021 113,700 33,748 79,952 669,998 30 June 2022 113,700 30,150 83,550 586,448 30 June 2023 113,700 26,390 87,310 499,138 30 June 2024 113,700 22,461 91,239 407,899 30 June 2025 113,700 18,355 95,345 312,554 30 June 2026 113,700 14,065 99,635 212,919 30 June 2027 113,700 9,581 104,119 108,801 30 June 2028 113,700 4,899 108,801 0 State the amount Daneistis Limited would report as an expense for the year ended 30 June 2023
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