Which of the following cash flows would be included in the operating activities section of the statement of cash flows if the direct method is used?
A. Cash paid to purchase equipment
B. Cash receipts from dividends
C. Cash received from a bond issue
D. Cash gains and losses from the sale of operational assets
Answer: B
You might also like to view...
The cash budget is not the same as the pro forma cash flow statement.
Answer the following statement true (T) or false (F)
It is important that the external auditor have a constructive and detailed dialogue with the audit committee on important aspects of the audit
a. True b. False Indicate whether the statement is true or false
Differentiate between intranets and extranets. How are such systems beneficial to marketing managers?
What will be an ideal response?
Clearwater Hampers is a small British company that sells luxury food and drinks in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where present-buying is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business as well as are a number of department stores. Clearwater has had several orders for more than a quarter of a million dollars and prides itself on how much repeat business it does. The company's leading salesperson, Peter Austin, is placed in charge of an important territory divided on the basis of geography and sales potential. He classifies his customers according to the size of their average orders.In preparing for his sales call allocation plans, Austin should consider
all of the following EXCEPT: A. time required for each sales call. B. return on time invested. C. cost of goods sold. D. non-selling time. E. frequency of sales calls.