11. Which one of the following is representative of typical cashflows from operating activities? Multiple Choice Proceeds...
Question:
11.
Which one of the following is representative of typical cashflows from operating activities?
Multiple Choice
Proceeds from collecting the principal amounts of loans.
Repayment of principals on loans.
Proceeds from the issuance of bonds and notes payable.
Payments by a merchandiser to acquire equity securities of othercompanies.
Receipts of cash sales.
12.
Typical cash flows from investing activities include each of thefollowing except:
Multiple Choice
Payments to purchase property, plant and equipment or otherproductive assets (excluding inventory).
Proceeds from collecting the principal amount of accountsreceivable arising from customer sales.
Payments to buy intangible assets.
Payments to acquire held-to maturity securities of otherentities, except cash equivalents.
Proceeds from the sale of equipment.
13.
If a company borrows money from a bank, the interest paid onthis loan should be reported on the statement of cash flows asa(n):
Multiple Choice
Operating activity.
Investing activity.
Financing activity.
Noncash investing and financing activity.
This is not reported in the statement of cash flows.
14
Which of the following is included in the cash flows fromfinancing activities section of the statement of cash flows?
Multiple Choice
Interest revenue.
Sale of equipment.
Interest expense.
Purchase of treasury stock.
Purchase of stock in another company.
15
Cash flows from interest received on loans are reported in thestatement of cash flows as part of:
Multiple Choice
Operating activities.
Financing activities.
Investing activities.
Noncash activities.
This is not reported in the statement of cash flows.
Advanced Accounting
ISBN: 978-1934319307
2nd edition
Authors: Susan S. Hamlen, Ronald J. Huefner, James A. Largay III