Multiple Choice
When using the indirect method,how is the receipt of cash from the sale of long-term investments treated on the statement of cash flows?
A) As an operating activity
B) As an investing activity
C) As a financing activity
D) As a noncash investing or financing activity
Correct Answer:
Verified
Correct Answer:
Verified
Q142: Which of the following statements is false
Q143: Some companies use a work sheet approach,which
Q144: A _,is a useful device to help
Q145: The following items were reported on
Q146: Parks Company reported an increase of $370,000
Q148: The investment in stock of another company
Q149: Which method of preparing the Operating Activities
Q150: Presented below is the Operating Activities
Q151: The issuance of common stock in exchange
Q152: Two methods are available to prepare the