Quiz Ch 11 – Cash Generation in a Successful Business
Financial Accounting
Thomas, Tietz, and Harrison
12th Edition
From which type of activity must a successful business generate most of its cash?
From which type of activity must a successful business generate most of its cash?
Which of the following statements about the direct method of preparing the statement of cash flows is true?
How are cash receipts from interest and dividends classified in a statement of cash flows prepared using the direct method?
In which section of the statement of cash flows prepared by using the direct method would income taxes paid be included?
Under which section of a statement of cash flows prepared using the direct method would interest paid on debt be reported?
What would be excluded from the operating activities section of a statement of cash flows prepared using the direct method?
Which of the following items would NOT be reported under operating activities in the statement of cash flows prepared using the direct method?
In which section would the purchase of land with cash be included on the statement of cash flows?
How should the purchase of land using common stock be reported on the statement of cash flows?
Under which section of a statement of cash flows prepared using the direct method would the receipt of interest on loans be reported?