Which of the following is incorrect regarding the financing activities section of a statement of cash flows?
A. Increases in Contributed Capital accounts suggest cash inflows occurred from issuing equity instruments.
B. Decreases in Long-Term Debt accounts suggest cash outflows occurred for payment of debt.
C. Decreases in retained earnings suggest cash outflows occurred to pay dividends.
D. Increases in Short-Term Notes Payable accounts suggest cash outflows occurred from issuing notes or bonds.
Answer: D
You might also like to view...
Compare and contrast the concepts of lifetime value of a customer and customer equity
What will be an ideal response?
In which country is McClelland’s need for achievement more predominant than elsewhere?
a. Norway b. Sweden c. United States d. Greece
In synthesization, decision alternatives are prioritized ________ criteria/ion
A) within some B) among some C) among all D) within each
Contracting project services can increase a firm's ________ by no longer being constrained by their own resources.
Fill in the blank(s) with the appropriate word(s).