Using the Direct Method For the following question(s), indicate how each transaction described would be classified on a statement of cash flows if the operating activities section is prepared under the direct method. When using the direct method, where is the purchase of equipment for cash shown on the statement of cash flows?

A) Operating activity
B) Investing activity
C) Financing activity
D) Noncash investing and financing activity


B

Business

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An effective communicator of a message develops the message from the receiver's viewpoint which is a "you attitude" rather than a "me attitude."

Indicate whether the statement is true or false

Business

What metric measures the percentage of the total number of items on the order that the firm shipped on time?

A. perfect order rate B. fill rate C. on-time delivery rate D. accuracy rate E. item fill rate

Business

The three major categories of influences on the consumer buying decision process are

A. situational influences, demographic influences, and psychological influences. B. social influences, situational influences, and marketer-dominated influences. C. demographic influences, situational influences, and marketer-dominated influences. D. situational influences, social influences, and psychological influences. E. marketer-dominated influences, psychological influences, and person-specific influences.

Business

Which of the following statements is NOT CORRECT?

A. When a corporation's shares are owned by a few individuals, we say that the firm is "closely, or privately, held." B. "Going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. C. The stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the SEC. D. When stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an IPO," and the market for such stock is called the new issue or IPO market. E. It is possible for a firm to go public and yet not raise any additional new capital for the firm itself.

Business