A firm purchased $20,000 worth of investments classified as trading securities. At the end of the year, the investments are worth $23,000 . What is the correct disclosure of these events in the statement of cash flows prepared under the direct method?

a. Operating cash inflow, $3,000
b. Addition of $17,000 in reconciliation of earnings and net operating cash flow
c. Operating cash outflow, $20,000; subtract $3,000 in reconciliation of earnings and net operating cash flow
d. No disclosure is needed.


C

Business

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Discuss how the market pay line and the pay policy line are used.

What will be an ideal response?

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The Unilever Foundation has partnered with global charitable organizations that are dedicated to creating sustainable changes worldwide. Which organization is NOT one of the five with which Unilever has partnered?

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Business