13. Statement of Cash Flows
Investing Activities
- Multiple ChoiceWhich of the following is reported as an investing activity in the statement of cash flows?87views
- Multiple ChoiceWhich of the following is classified as an investing activity on the statement of cash flows?31views
- Multiple ChoiceWhich of the following is an example of a cash outflow from an investing activity?38views
- Multiple ChoiceWhich of the following would result in a cash outflow from investing activities?15views
- Multiple ChoiceEach of the following are classified as an investing activity except:19views
- Multiple ChoiceWhich of the following is NOT included in investing activities on the statement of cash flows?35views
- Multiple Choice
Which of the following is a cash flow from investing activities?
286views5rank - Multiple Choice
The cash received from the sale of factory equipment no longer in use would be reported in the cash flow statement as an:
333views7rank - Open Question
Spooky Company is preparing its Statement of Cash Flows and gathered the following information:
1. Since the previous year:the cash account increased by \$35,000, land increased by \$40,000, Equipment decreased by \$15,000, Accumulated Depreciation – Equipment increased by \$6,000, and Bonds Payable increased by \$100,000
2. Depreciation expense for Equipment totaled \$16,000.
3. Equipment with a purchase price of \$15,000 was sold for a \$2,000 gain.
4. Spooky loaned \$24,000 to Witch Company signing a long-term note receivable.
5. Spooky declared and paid dividends of \$32,000. Net income was \$420,000.
What is Spooky Company's net cash flow from investing activities?
127views10rank