On the statement of cash flows, increases and decreases in long-term assets resulting fromcash transactions are reported as:a. operating activities.b. investing activities.c. financing activities.d. noncash investing and financing activities.

Q: Cash decreases due to the purchase of equipment would be found in which section of the statement of…

A: Equipment is a fixed asset, which helps in the regular working of the business. it a long term…

Q: Increases and decreases in the long-term assets are reported on the statement of cash flows as: A.…

A: Long term assets are those which are held and used by an entity for a period of more than one year.…

Q: Does gross fixed assets belong to operating, investing, or financing activities on the statement of…

A: Gross Fixed assets belongs to Investing Activities on the statement of cash flows.

Q: Cash paid to purchase long-term investments would be reported in  a. a separate schedule of…

A: The objective of the question is to identify where the cash paid to purchase long-term investments…

Q: Which of the following should be deducted from net income in calculating net cash flow from…

A: Cash flow statement: A cash flow statement is a final accounting statement to understand the change…

Q: Classifying Cash Flows Identify whether each of the following would be reported as an operating,…

A: Components of statement of cash flows: 1. Operating activities 2. Investing activities 3. Financing…

Q: Which of the following would be subtracted from net income when determining cash flows from…

A: Cashflow statement shows the cash inflow or outflow from various activities. Cashflow statement is…

Q: The cash flows from investment activities portion of the statement of cash flows would comprise the…

A: The Answer :

Q: Which of the following describes the financing activities section of the statement of cash flows? A…

A: Cash flow statement is defined as the financial statement which summarizes the cash and cash…

Q: The issuance of notes payable is classified in the statement of cash flows as a(n): a. Operating…

A: Three activities of cash flow statements are as follows:  Operating activities Investing activities…

Q: Which of the following would be classified as an investing activity on the statement of cash flows:

A: Cash flow Statement: It is one of the financial statements used by investors to know the movement of…

Q: Which of the following statements accurately describes the statement of cash​ flows?   A. It…

A: The statement of cash flows records all the sources and use of the cash in the business during a…

Q: We can separate cash return on assets into: a. Cash flow to sales and return on assets. b. Profit…

A: Cash return on assets is: = Cash flows / Average Assets

Q: From the following identify the line items that appear in the section of cash flow from financing…

A: There are three types of cash flow activities: Operating activities Investing activities Financing…

Q: When constructing a Statement of Cash Flows, which of the following actions would be considered a…

A: Use of funds means use of cash for meeting working capital requirements or long term expenditure. We…

Q: When completing the statement of cash flows using the indirect method, an increase in an asset…

A: Cash flows statement: To know the cash position of the company statement of cash flows are prepared.…

Q: Using the direct method of preparing the statement of cash flows, to determine the cash effects of…

A: Statement of cash flows:   Statement of cash flows is one among the financial statement of a Company…

Q: Classifying Cash Flows Identify whether each of the following would be reported as an operating,…

A: Cash flow statement comprises of the following activities:- 1. Operating; 2. Investing and; 3.…

Q: Identify the section of the statement of cash flows (a–d) where each of the following items would be…

A: Cash flow from operating activities:  This section of the cash flow statement provides information…

Q: Identify whether each of the following would be reported as an operating, investing, or financing…

A: Statement of cash flows: It is one of the financial statement that shows the cash and cash…

Q: On a statement of cash flows , the net amount of cash provided by (or used for ) items that normally…

A: The objective of the question is to identify which section of the cash flow statement the items that…

Q: Which of the following describes the operating activities as shown in the statement of cash flows?

A: There are three activity in the cashflow statement which are as under :  - Operating Activity -…

Q: The purchase of a long-term asset is classified in the statement of cash flows as a(n) a. Operating…

A:

Q: Which of the following best describes the indirect method of preparing the operating activities…

A:

Q: Interest payments to creditors are reported in a statement of cash flows as Select one: a. An…

A: Option a is correct.  Interest bears the nature of its principle hence thr interest payment on trade…

Q: An increase in accounts receivable would affect which section of the cash flow statement?  choices:…

A: Cash flow statement provided information about the cash inflows and cash outflows of the…

Q: Activity reported in the Financing Activities section of the statement of cash flows would include…

A: Financing Activities section of the statement of cash flows would include accounts classified as…

Q: Which of the following is included in the cash flows from financing activities section of the…

A: Financing Activities: In the statement of cash flows, "financing operations" relate to the flow of…

Q: On the statement of cash flows prepared by the indirect method, the Cash flows from operating…

A: Operating cash flows refers to money which is generated by the activities of business on a daily…

Q: Cash flows from operating activities section would include   a. receipts from the sale of…

A: Answer – Correct answer is c. gains or losses on fixed assets – In indirect method of cash flows,…

Q: Which of the following is the adjustment that is added during the reconciliation of net income to…

A: Adjustments related to non-cash transactions are done to reconcile net income in the cash flow…