Which of the following would be reported in the operating, investing, or financing sections of the statement of cash flows prepared under the indirect method?
a. Declaration of an unpaid cash dividend
b. Acquisition of a factory warehouse by issuing long-term debt
c. Gain on the sale of cash equivalents
d. Write-off of an uncollectible account receivable
e. None of these answers is correct.
C
You might also like to view...
Accounting reports are designed with the information needs of the users in mind
Indicate whether the statement is true or false
The travel time for a college student traveling between her home and her college is uniformly distributed between 40 and 90 minutes. The probability that her trip will take longer than 80 minutes is
A. 1.00. B. 0.40. C. 0.20. D. 0.80.
Nickelodeon and Marriott partnered to create a kid-friendly chain of vacation-oriented hotels. Which of the following types of cobranding relationships does this exemplify?
A. joint venture B. colocation C. internal brand combination D. merger E. multiple company venture
A forged signature on a check has no legal effect as the signature of a drawer
Indicate whether the statement is true or false