Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Wwe Horton An Act Becall would be OLACA On of Anchise with 300.000 de depreciation of 3.000 al for $50,000. Then theold berapah under cash

image text in transcribed
image text in transcribed
image text in transcribed
Wwe Horton An Act Becall would be OLACA On of Anchise with 300.000 de depreciation of 3.000 al for $50,000. Then theold berapah under cash flowing 0.110.000 Oh.180,000 0.116.000 Od 10.000 O. 145,000 Awant thing in 71.000,00 din.000 tone.com.tw de 16.900;mary Wed 3.000, 12,100 3.700 metra D. 13.00 O O. uestion 3 Hot yet answered Marked out of 100 Amy Corporation's Income statement showed the following: net income, $72,000; depreciation expense, $8,000; and ga following changes as a result of operating activities: accounts receivable decreased $5,700, merchandise inventory iner (or used) by operating activities. Fing question Select one: O a. $66,500 O b. $82,500 O c. $68,800 O d. $75,500. O e. $71,800. Question 4 Cash flows from selling long term investments are reported in the statement of cash flows as: Not yet answered Marked out of 100 Flag question Select one: O a. Investing activities. O b. Operating activities. O c. Financing activities. O d. Noncash activities. o e. Not reported. Investing activities include: Question 5 Not yet answered Marked out of LOG Fing question Select one: O a Purchase of long-term assets. O b. Lending and collecting on notes receivable c. All of these answers are correct Od Sale of equity investments, Sale of long-term assets The appropriate statement of cash flow activity category for the payment of dividends and the issuance of common shares would be Select one Net reported on the statement of cash flows O b. Investing O e Financing Od Schedule of noncash investing or financing activity. O. Operating The purchase of a building would be a Select one O source of Cash and recorded in the Investing section b. Source of cash and recorded in the financing section c. Use of Cash and recorded in the financing section SdUse of cash and recorded in the investing section 0 Source at Cash and recorded in the operating schon The purchaeolong-term assets by issuing note payable is reported on the statement at a low in the Select one: vesting Section O b. Cash Balancing Section Os Operating section O d. Financing section On the statement of cash flows, business operations are tassitied as operating, investing of financing activities, Select one True Falta 10 The statement et la rence between the beginning and ending balances of cash and casts tot Om Wwe Horton An Act Becall would be OLACA On of Anchise with 300.000 de depreciation of 3.000 al for $50,000. Then theold berapah under cash flowing 0.110.000 Oh.180,000 0.116.000 Od 10.000 O. 145,000 Awant thing in 71.000,00 din.000 tone.com.tw de 16.900;mary Wed 3.000, 12,100 3.700 metra D. 13.00 O O. uestion 3 Hot yet answered Marked out of 100 Amy Corporation's Income statement showed the following: net income, $72,000; depreciation expense, $8,000; and ga following changes as a result of operating activities: accounts receivable decreased $5,700, merchandise inventory iner (or used) by operating activities. Fing question Select one: O a. $66,500 O b. $82,500 O c. $68,800 O d. $75,500. O e. $71,800. Question 4 Cash flows from selling long term investments are reported in the statement of cash flows as: Not yet answered Marked out of 100 Flag question Select one: O a. Investing activities. O b. Operating activities. O c. Financing activities. O d. Noncash activities. o e. Not reported. Investing activities include: Question 5 Not yet answered Marked out of LOG Fing question Select one: O a Purchase of long-term assets. O b. Lending and collecting on notes receivable c. All of these answers are correct Od Sale of equity investments, Sale of long-term assets The appropriate statement of cash flow activity category for the payment of dividends and the issuance of common shares would be Select one Net reported on the statement of cash flows O b. Investing O e Financing Od Schedule of noncash investing or financing activity. O. Operating The purchase of a building would be a Select one O source of Cash and recorded in the Investing section b. Source of cash and recorded in the financing section c. Use of Cash and recorded in the financing section SdUse of cash and recorded in the investing section 0 Source at Cash and recorded in the operating schon The purchaeolong-term assets by issuing note payable is reported on the statement at a low in the Select one: vesting Section O b. Cash Balancing Section Os Operating section O d. Financing section On the statement of cash flows, business operations are tassitied as operating, investing of financing activities, Select one True Falta 10 The statement et la rence between the beginning and ending balances of cash and casts tot Om

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

Managerial Accounting For Undergraduates

Authors: Christensen, Theodore E. Hobson, L. Scott Wallace, James S.

1st Edition

1618531123, 9781618531124

More Books

Students also viewed these Accounting questions

Question

Explain the various employee benefit laws.

Answered: 1 week ago

Question

Describe the premium pay benefit practice.

Answered: 1 week ago