How are transfers between cash and cash equivalents treated on a statement of cash flows?
A) They are disclosed as an investing activity.
B) They are not shown as any type of cash flow.
C) They are disclosed as a financing activity.
D) They are disclosed as an operating activity.
B
You might also like to view...
Answer the following statements true (T) or false (F)
1. More often than not, a male executive who wants the advice of an executive coach will turn to a woman. 2. Vertical communication refers solely to the flow of messages down the hierarchy, or in other words, bosses communicating with subordinates. 3. When a subordinate recommends to her manager that their department get additional help for the inventory process, it is considered vertical communication. 4. The main purpose of horizontal communication is coordination between and within work units.
A measure of how close the sample has come to the null hypothesis is called the ________
A) level of significance B) power of a test C) test statistic D) critical value E) incidence of difference
An important purpose of closing entries is to
A) help achieve the goals of the matching principle. B) set permanent account balances to zero to begin the next period. C) update the temporary accounts at year end. D) transfer net income or net loss to the Retained Earnings account.
The Erhardt Corporation was incorporated on January 1 . 2014, with the following authorized capitalization: • 40,000 shares of common stock, no par value, stated value $40 per share • 10,000 shares of 5 percent cumulative preferred stock, par value $10 per share During 2014, Erhardt issued 34,000 shares of common stock for a total of $1,700,000 and 6,000 shares of preferred stock at $16 per
share. In addition, on December 20, 2014, subscriptions for 2,000 shares of preferred stock were taken at a purchase price of $17 . These subscribed shares were paid for on January 2, 2015 . What should Erhardt report as total contributed capital on its December 31 . 2014, balance sheet? a. $1,540,000 b. $1,762,000 c. $1,796,000 d. $1,830,000