On a statement of cash flows prepared using the direct method, the amount representing cash paid for interest would
A) be shown in the net cash flows from financing activities section.
B) not be shown.
C) be shown in the net cash flows from investing activities section.
D) be shown in the net cash flows from operating activities section.
D
You might also like to view...
The librarian at the New York City Public Library has asked her assistant for an interval estimate of the mean number of books checked out each day. The assistant took a sample and found the mean to be 880 books. She provides the librarian with an interval estimate of between 790 and 970 books checked out per day. An efficient, unbiased point estimate of the number of books checked out each day
at the New York City Public Library is: a. 790 c. 90 b. 880 d. None of these choices.
Write a note on electronic meeting systems
What will be an ideal response?
Economists who argue that innovation and entrepreneurial activity are the engines of long-run economic growth, define innovation broadly to include not just new products but also new processes, new organizations,
new organizations, new management practices, and new strategies. Indicate whether the statement is true or false.
A ________ is a flexible line of movement through which a person may travel during his or her work life
A) career path B) series of ups and downs C) work-life balancing act D) journey of discovery