Question: Why are noncash investing and financing activities listed on a
Why are noncash investing and financing activities listed on a separate schedule accompanying the statement of cash flows?
Relevant QuestionsA company acquired a fixed asset in exchange for common stock. Explain how this transaction should be shown, if at all, in the statement of cash flows. Why is your suggested treatment appropriate? You are discussing your investment strategies with a colleague who says, “I would never invest in a company that is not generating both positive earnings and positive net cash flow from operations.” How do you respond?Sawadi Thai Restaurant had sales of $880,000, all received in cash. Total operating expenses were $580,000. All except depreciation were paid in cash. Depreciation of $90,000 was included in the $580,000 of operating ...Hiramatsu Exports, Inc., is a wholesaler of Japanese goods. By the end of 20X0, the company’s cash balance had dropped to ¥9 million, despite net income of ¥254 million in 20X0. Its transactions affecting income or cash ...The Jawarski Company has the following balance sheet data ($ in millions):Net income for 20X1 was $55 million. Net cash inflow from operating activities was $88 million. Cash dividends paid were $14 million. Depreciation ...
Post your question