Business, 18.08.2020 19:01 keananashville

All of the following statements related to preparation of the statement of cash flows are true except A. Purchase of an intangible asset is classified as an investing activity.
B. Repaying the principal of notes payable is classified as a financing activity.
C. Cash dividends paid to shareholders are classified as a financing activity
D. A company may report cash flows from operating activities using either the direct or indirect method.
E. Interest expense may be reported under operating or financing based on which one results in better cash flows.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 13:30

Hundreds of a bank's customers have called the customer service call center to complain that they are receiving text messages on their phone telling them to access a website and enter personal information to resolve an issue with their account. what action should the bank take?

Answers: 2

Answer

Business, 22.06.2019 20:30

When patey pontoons issued 4% bonds on january 1, 2018, with a face amount of $660,000, the market yield for bonds of similar risk and maturity was 5%. the bonds mature december 31, 2021 (4 years). interest is paid semiannually on june 30 and december 31?

Answers: 1

Answer

Business, 22.06.2019 21:00

Ryan terlecki organized a new internet company, capuniverse, inc. the company specializes in baseball-type caps with logos printed on them. ryan, who is never without a cap, believes that his target market is college and high school students. you have been hired to record the transactions occurring in the first two weeks of operations.

Answers: 1

Answer

Business, 22.06.2019 22:00

Which of the following statements about nonverbal communication is most accurate? a. the meanings of some gestures can vary among cultures b. the way an e-mail, letter, memo, or report looks can have either a positive or a negative effect on a receiver c. the manner in which we structure and use time can reveal our personalities and attitudes d. all statements are accurate

Answers: 1

Answer

You know the right answer?

All of the following statements related to preparation of the statement of cash flows are true excep...

Questions