Depreciation on factory equipment would be reported in the statement of cash flows prepared by the indirectmethod in
a. the cash flows from financing activities section
b. the cash flows from investing activities section
c. a separate schedule
d. the cash flows from operating activities section
d
You might also like to view...
What is recency effect?
What will be an ideal response?
Helen was in a car accident. She hired attorney Flick Jones to represent her in the matter. Helen has been informed by Flick that her case is very good and he will accept it on a contingency basis. What does this mean?
Scenario C: Tidewater, Inc., requires its job applicants to take a test that measures their vocabulary and numerical skills. For specific jobs, the company also requires its applicants to perform a sample of the job. Before implementing the tests, the management analyzes how well the test actually correlates and predicts job performance. When Tidewater needed to downsize, the company helped employees who were laid off to get placed in other organizations, and immediate supervisors talked to the employees about the reasons for their dismissal.When Tidewater needed to downsize, the dismissed employees' immediate supervisors discussed the need for downsizing with them. This is an example of a(n)
A. behavioral description interview. B. termination interview. C. outplacement. D. situational interview. E. expatriation.
Richard exchanges a building with a basis of $35,000, and subject to a liability of $25,000, for land with a FMV of $50,000 owned by Bill. Bill takes the building subject to the liability. What is the amount of Richard's realized gain?
A. $0 B. $40,000 C. $15,000 D. $25,000