Which of the following categories on a statement of cash flows is used to report the cash flow effects of transactions involving a company's stock?
a. Operating Activities
b. Investing Activities
c. Financing Activities
d. Profit Activities
c
You might also like to view...
The current balance sheet of Blawnox Inc reports total assets of $20 million, total liabilities of $2 million, and owners' equity of $18 million. Blawnox Inc is considering several financing possibilities in order to expand operations. If Blawnox Inc's owner invests an additional $2 million to finance the expansion, the debt to equity ratio will
a. stay the same b. decrease c. increase d. cannot be determined from this information.
Hygeia Health expects to sell 460 units of Product A and 450 units of Product B each day at an average price of $15 for Product A and $33 for Product B. The expected cost for Product A is 38% of its selling price and the expected cost for Product B is 57% of its selling price. Hygeia Health has no beginning inventory, but it wants to have a six-day supply of ending inventory for each product. Compute the budgeted cost of goods sold for the next (seven-day) week. (Round the answer to the nearest dollar.)
A) $67,032 B) $66,519 C) $130,500 D) $77,606
How does a partner treat premiums on health insurance provided by the partnership?
A. As an ordinary income item reported on a W-2. B. As a separately stated item. C. As a capital gain item. D. As a guaranteed payment.
Priceline is an example of a(n):
A. English auction. B. Dutch auction. C. penny auction. D. Name Your Own Price auction.