XYZ Company performed tree trimming services and received $4,000 cash. For the Statement of Cash Flows, this would be: Group of answer choices An operating cash outflow of $4,000. A financing cash inflow of $4,000. an operating cash inflow of $4,000. In investing cash inflow of $4,000.

XYZ Company performed tree trimming services and received $4,000 cash. For the Statement of Cash Flows, this would be: Group of answer choices An operating cash outflow of $4,000. A financing cash inflow of $4,000. an operating cash inflow of $4,000. In investing cash inflow of $4,000.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

XYZ Company performed tree trimming services and received $4,000 cash. For the Statement of Cash Flows, this would be:

Group of answer choices

An operating cash outflow of $4,000.

A financing cash inflow of $4,000.

an operating cash inflow of $4,000.

In investing cash inflow of $4,000.

Definition Definition Net amount of cash that an entity receives and expends over the course of a given period. For a business to continue operating, positive cash flows are required, and they are also necessary to produce value for investors. Investors in particular prefer to see growing cash flows even after capital expenditures have been paid for (which is known as free cash flow).

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