The investing activities section of the statement of cash flows inculdes which of the following...

60.1K

Verified Solution

Question

Accounting

The investing activities section of the statement of cash flows inculdes which of the following activities

Interest or Dividend Revenue

Sale of land

Sale of common stock

Purchase of Inventory

2) On the statement of cash flows a company that sold equipment for $4000 at a $2000 gain would show the following: $4000 of cash proceeds as an increase in the investing section and the $2000 gain as a decrease in the operating section

- True

-False

3) When adjusting for a change in a liability account (whether current or long term ) there will be an inverse relationship to cash shown on the statement of cash flows

- True

- False

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students