Quiz 21.60 – Indirect Method of Cash Flow Statement
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
How are operating activities reported using the indirect method in a statement of cash flows?
How are operating activities reported using the indirect method in a statement of cash flows?
When using the direct method to prepare a statement of cash flows, how is the amortization of patents typically reported?
In the indirect method statement of cash flows, how is the amortization of patents reported?
Why is depreciation added to net income when preparing the statement of cash flows using the indirect method for determining net cash flows from operating activities?
How is the amortization of bond discount included in the statement of cash flows using the indirect method?
When using the indirect method to determine net cash flows from operating activities, which of the following is reported as a deduction from net income?
What effect does an increase in the fair value of a long-term investment have on adjustments in the statement of cash flows using the indirect method?
Which of the following types of activities in the statement of cash flows would the sale of a subsidiary be classified as?
Which activity is categorized as an investing activity in the statement of cash flows?
Which activity results in a cash outflow from investing activities?