Question: The section in the Cash Flow Statement where you list the purchase of a building for cash is the: Operating activities section. Financing activities section.
The section in the Cash Flow Statement where you list the purchase of a building for cash is the: Operating activities section. Financing activities section. notes to the statement of cash flows. Investing activities section.
Payment of cash wages should be listed under which section of the statement of cash flows? Financing activities. Schedule of noncash investing or financing activity. Investing activities. Operating activities.
Which of the following is NOT a common use of the statement of cash flows? Creditor evaluation of a company's ability to collect on Accounts Receivable. Management prediction of future cash flows for making business decisions. Investor assessment of cash flows before buying or selling stock. Creditor evaluation of a company's ability to generate cash to cover short-term debt. 1.8 points
Which of the following is not completed when preparing the statement of cash flows? Computing and reporting net cash provided or used by investing activities. Comparing the change in net income with the changes in the cash account for specified time periods. Computing the net increase or decrease in cash. Computing and reporting net cash provided or used by financing activities. 1.8 points
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