Cash paid to purchase significant amounts of fixed assets would be reported in the statement of cash flows in:
A) the cash flows from operating activities section.
B) the cash flows from financing activities section.
C) the cash flows from investing activities section.
D) a separate schedule.
C
You might also like to view...
When a long-term asset is sold for more than its book value, the difference represents a gain
a. True b. False Indicate whether the statement is true or false
Verilux Company sold merchandise to Flight Corp on November 1, 2014, for $10,000 . Verilux accepted a promissory note from Flight Corp for $10,000 . The note has a term of 5 months and a stated interest rate of 7%. Verilux's accounting period ends on December 31, 2014 . What amount should Verilux recognize as interest revenue on the maturity date of the note?
a. $ -0- b. $ 175.00 c. $ 291.67 d. $ 420.00
Define and describe a trend analysis. Give an example of the ways in which a department store like Macy's or Dillard's might use a trend analysis.
What will be an ideal response?
Which of the following should you look for in evaluating a study that is secondary data?
A) What was the sample? B) How large was the sample? C) What was the response rate? D) Was the information validated? E) all of the above