Depreciation on factory equipment would be reported in the statement of cash flows prepared by the indirect method in
A) the cash flows from financing activities section
B) the cash flows from investing activities section
C) a separate schedule
D) the cash flows from operating activities section
D
You might also like to view...
Cloning can only be carried out using adult stem cells.
Answer the following statement true (T) or false (F)
In a disparate impact case, the Civil Rights Act of 1991 now provides that if an employer can prove the "business necessity" of a challenged employment practice, the plaintiff cannot win
a. True b. False Indicate whether the statement is true or false
Calculate answers for the following scenarios if retailer markups are based on their selling price: a)A retailer sells a set of measuring cups for $2.50 after adding $.50 to the original cost. What is the markup percentage? b)The cost of a food blender for the retailer is $40 and the retailer applies a markup of $60. What is the retail markup percentage? c)A retailer marks up all products by 20 percent. If a set of glasses costs the retailer $10, what will the final selling price be? d)A retailer marks up all products by 75 percent. If the selling price of a set of plastic bowls is $4, what was the cost to the retailer?
What will be an ideal response?
When Phil lists his house on his balance sheet, he should record its:
A. actual purchase price. B. depreciated value. C. insured value. D. deferred price. E. fair market value.