(a)
Introduction: Transactions and income that affects the investments and fixed assets of the organization are known as investing activities.
The cash flow used by investing activities.
(b)
Introduction: Transactions and income that affects the finances, capital, and liabilities of the organization are known as financing activities. These activities record the
The cash flow provided by financing activities.
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FINAN&MANAGERIAL ACCT (LL)W/1TERM ACCESS
- Use the following information from Manuscript Companys financial records to determine net cash flows from financing activities.arrow_forwardUse the following cash transactions relating to Lucknow Company to determine the cash flows from operating, using the direct method.arrow_forwardUse the following excerpts from Grenada Companys financial records to determine net cash flows from operating activities and net cash flows from investing activities.arrow_forward
- Use the following cash transactions relating to Warthoff Company to determine the cash flows from operating, using the direct method.arrow_forwardUse the following excerpts from Eagle Companys financial records to determine net cash flows from financing activities.arrow_forwardUse the following excerpts from Fruitcake Companys financial records to determine net cash flows from investing activities.arrow_forward
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- Use the following excerpts from Leopard Companys financial records to determine net cash flows from investing activities.arrow_forwardWhat categories of activities are reported on the statement of cash flows? Does it matter in what order these sections are presented?arrow_forwardAnalysis of Longmind Companys accounts revealed the following activity for Equipment, with descriptions added for clarity of analysis. How would these two transactions be reported for cash flow purposes? Note the section of the statement of cash flow, if applicable, and if the transaction represents a cash source, cash use, or noncash transaction.arrow_forward
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