Multiple Choice
How would these items be classified in a statement of cash flows prepared for a hairdressing franchise?
i) Payment of $600 for hairdressing supplies.
Ii) Takings from customers for the month.
Iii) Capital paid into the business by the owner.
A) i. Operating outflow.
ii. Operating inflow.
Iii. Does not appear in the statement of cash flows.
B) i. Investing outflow.
ii. Operating inflow.
Iii. Financing inflow.
C) i. Operating outflow.
ii. Operating inflow.
Iii. Financing inflow.
D) i. Operating outflow.
ii. Operating inflow.
Iii. Investing inflow.
Correct Answer:

Verified
Correct Answer:
Verified
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