Multiple Choice
Which of the following events do NOT affect cash flows from operating activities?
A) cash sale of merchandise inventory
B) cash purchase of equipment
C) cash purchase of inventory
D) cash paid for employees' wages
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q11: The direct method of preparing the operating
Q27: Accounts payable,wages payable and income taxes payable
Q30: The purpose of depreciation is to _.<br>A)
Q54: The LIFO method reports the latest costs
Q57: Steve Company reported cost of goods sold
Q61: Sprock Company has the following balances at
Q63: The ending retained earnings balance of Baha
Q65: A company acquired 100 units of inventory
Q67: Colorado Company reported cost of goods sold
Q70: Goodwill is amortized for financial statement purposes.