Multiple Choice
The cash received when selling the investment in another company is reported on the statement of cash flows as a(n) :
A) investing cash outflow.
B) investing cash inflow.
C) financing cash outflow.
D) financing cash inflow.
Correct Answer:
Verified
Correct Answer:
Verified
Q35: A single amount of $5,000 is to
Q39: The available-for-sale(fair value)method of accounting for long-term
Q41: On January 1,2015,Carmody Corporation purchased 5% bonds
Q42: On January 1,2015,Benson Company purchases $100,000,6% bonds
Q43: An investor receives a stock dividend on
Q44: On January 1,2014,Conner Corporation purchased 70,000 of
Q45: Seider Company receives a stock dividend of
Q64: The Allowance to Adjust Investment in Available-for-Sale
Q66: Under the equity method,the investor applies his
Q152: Realized gains on the sale of long-term