Classify each of the following as either operating, investing or financing cash flows. (i). Payment of wages
Question:
Classify each of the following as either operating, investing or financing cash flows.
(i). Payment of wages
(ii). Dividends paid
(iii). Issue of shares
(iv). Dividends received
(v). Cash sales
(vi). Proceeds from the sale of equipment
(vii). Borrowing from the bank
(viii). Repayment of a loan.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (3 reviews)
i Operating cash flow ii Financing ca...View the full answer
Answered By
Anurag Agrawal
I am a highly enthusiastic person who likes to explain concepts in simplified language. Be it in my job role as a manager of 4 people or when I used to take classes for specially able kids at our university. I did this continuously for 3 years and my god, that was so fulfilling. Sometimes I've skipped my own classes just to teach these kids and help them get their fair share of opportunities, which they would have missed out on. This was the key driver for me during that time. But since I've joined my job I wasn't able to make time for my passion of teaching due to hectic schedules. But now I've made a commitment to teach for at least an hour a day.
I am highly proficient in school level math and science and reasonably good for college level. In addition to this I am especially interested in courses related to finance and economics. In quest to learn I recently gave the CFA level 1 in Dec 19, hopefully I'll clear it. Finger's crossed :)
4.80+
2+ Reviews
10+ Question Solved
Related Book For
Financial Accounting An Integrated Approach
ISBN: 9780170411028
7th Edition
Authors: Ken Trotman, Elizabeth Carson
Question Posted:
Students also viewed these Business questions
-
Classify each of the following transactions and economic events as an operating, investing, or financing cash flow; a cash equivalent; or whether the item has no effect on cash flow. Also, indicate...
-
Classify each of the following as either a Type I error or a Type II error: a. Putting an innocent person in jail. b. Releasing a guilty person from jail. c. Eating (or not eating) a cookie that fell...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
50 Kg of ammonium sulphate (NH4)2SO4 and 30 Kg of urea CO(NH2)2 fertilizers were applied in two equal sizes of plots A and B to enrich their nitrogen content. Show by working which plot was more...
-
Tomba Corporation had 300,000 ordinary shares outstanding on January 1, 2010. On May 1, Tomba issued 30,000 ordinary shares. (a) Compute the weighted-average number of shares outstanding if the...
-
Executive stock options (ESOs) are used to provide incentives for executives to improve company performance. ESOs are usually granted "at-the-money," meaning that the exercise price of the options is...
-
How is default risk mitigated in a futures contract?
-
Backflush costing and JIT production. Road Warrior Corporation assembles handheld computers that have scaled-down capabilities of laptop computers. Each handheld computer takes 6 hours to assemble....
-
A ( n ) _ _ _ _ _ _ _ _ _ _ contains information about a given person, product, or event. Attribute Column Field Record
-
Why is cash generated from operations usually larger than net profit?
-
The following data are extracted from the financial statements of Flutes Ltd: Additional information: 1. All sales are made on credit; there is no allowance for doubtful debts 2. Sales revenue, $880...
-
The world's largest carpet maker has just completed a feasibility study of what to do with the 16,000 tons of overruns, rejects, and remnants it produces every year. The company's CEO launched the...
-
Choose any special event (not a Mega Event) and list its proper event classification, date, and location. It can be a concert, fair, festival, etc. Please keep it somewhere in the USA. Type a short...
-
Howard Company is considering three financing plans: all equity; 60 per cent equity and 40 per centdebt; and 40 per cent equity and 60 per cent debt. Total funds needed are Rs 300,000. EBIT is...
-
membership with Junktrader, which provides them advance notice of potentially attractive offers. a. Junktrader provided online advertising services for another company for $380 on account. b. On the...
-
calculate the initial concentrations at the moment of mixing before the reaction occurs of H2O2 and I-and Vitimin C for this expirement where the values given are: 2.0 mL of VitC/12 solution, 2.0 mL...
-
Research on Boeing 737 max provide a general overview of the ethical issues that occurred. Specifically, provide the following information: 1. Provide an overview of the Case (a short summary ) 2....
-
Consider the following half reactions: Pt2+ + 2e Pt o = 1.188 V PtCl42 + 2e Pt + 4Cl2 o = 0.755 V NO3- + 4H+ + 3e NO + 2H2O o = 0.96 V Explain why platinum metal will dissolve in aqua regia (a...
-
Keating & Partners is a law firm specializing in labour relations and employee-related work. It employs 25 professionals (5 partners and 20 managers) who work directly with its clients. The average...
-
Neptune Company issued a note receivable to Sailfish Company. (a) Who is the payee? (b) What is the title of the account used by Sailfish Company in recording the note?
-
Neptune Company issued a note receivable to Sailfish Company. (a) Who is the payee? (b) What is the title of the account used by Sailfish Company in recording the note?
-
If a note provides for payment of principal of $85,000 and interest at the rate of 6%, will the interest amount to $5,100? Explain.
-
Calculate the total billing amount for Jonas and his associate for their ( 1 ) first client assessment session and ( 2 ) second client assessment session. State whether they are the same or different...
-
X Ltd. (X) purchased 40% of Y Ltd. (Y) on January 1, 2022, for $400,000. Y paid dividends of $50,000 in each year. Y's income statements for 2022 and 2023 showed the following. Time left 1:29:35 2022...
-
Discuss the opportunities and threats that is associated with the external environment of the company selected
Study smarter with the SolutionInn App