In a Statement of Cash Flows in Which Operating Activities

Multiple Choice

In a statement of cash flows in which operating activities are reported by the direct method, which of the following would increase reported cash flows from operating activities?

A) Gain on sale of equipment.
B) Interest revenue.
C) Gain on early extinguishment of bonds.
D) Proceeds from sale of lanD.The two gains are not cash flows.Proceeds from the sale of land are reported as a component of investing activities.