Carnival Corporation & plc is one of the largest cruise companies in the world with such well
Question:
Carnival Corporation & plc is one of the largest cruise companies in the world with such well known brands as Carnival Cruise Lines, Holland America Line, and Princess Cruises. Classify each of the following items found on the company’s 2011 statement of cash flows according to whether it would appear in the Operating Activities section (O), in the Investing Activities section (I), or in the Financing Activities section (F). The company uses the indirect method in the Operating Activities section of its statement.
_______ 1. Dividends paid
_______ 2. Proceeds from issuance of other long-term debt
_______ 3. Depreciation and amortization
_______ 4. Additions to property and equipment
_______ 5. Purchases of treasury stock
_______ 6. Net income
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Financial Accounting The Impact on Decision Makers
ISBN: 978-1285182964
9th edition
Authors: Gary A. Porter, Curtis L. Norton