Managerial Accounting (5th Edition)
5th Edition
ISBN: 9780134128528
Author: Karen W. Braun, Wendy M. Tietz
Publisher: PEARSON
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Textbook Question
Chapter 13, Problem 10QC
(Learning Objective 3) Which one of the following lines would be found on the statement of cash flows for a company using the direct method?
- a. Increase in prepaid insurance
- b. Gain on sale of property, plant, and equipment
- c.
Depreciation expense - d. Cash receipts from customers
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To make the assessment about future net cash in-flows. The users’ needs to select which type of information ?
a.
Changes in the resources and claims
b.
Bank accounts of the company
c.
Age of the management
d.
Property of the company
Which of the following cash flows results from an operating activity?
a.
Paying dividends to stockholders
b.
Repaying note payable
c.
Receiving interest on investment
d.
Purchasing equipment
In which of the three activity categories of a statement of cash flows would each of the following items appear? Indicate for each item whether it represents a cash inflow or a cash outflow:
a. Cash purchase of equipmentb. Cash collection on loansc. Cash dividends paidd. Cash dividends receivede. Cash proceeds from issuing stockf. Cash receipts from customersg. Cash interest paidh. Cash interest received
Chapter 13 Solutions
Managerial Accounting (5th Edition)
Ch. 13 - (Learning Objective 1) Which of the following is...Ch. 13 - Prob. 2QCCh. 13 - Prob. 3QCCh. 13 - Prob. 4QCCh. 13 - Prob. 5QCCh. 13 - Prob. 6QCCh. 13 - Prob. 7QCCh. 13 - Prob. 8QCCh. 13 - Prob. 9QCCh. 13 - (Learning Objective 3) Which one of the following...
Ch. 13 - Prob. 13.1SECh. 13 - Prob. 13.2SECh. 13 - Prob. 13.3SECh. 13 - Prob. 13.4SECh. 13 - Prob. 13.5SECh. 13 - Calculate financing cash flows (Learning...Ch. 13 - Prob. 13.7SECh. 13 - Prob. 13.8SECh. 13 - Prob. 13.9SECh. 13 - Prob. 13.10SECh. 13 - Prob. 13.11SECh. 13 - Prob. 13.12AECh. 13 - Prob. 13.13AECh. 13 - Prob. 13.14AECh. 13 - Calculate operating cash flows (indirect method)...Ch. 13 - Prob. 13.16AECh. 13 - Prob. 13.17AECh. 13 - Prob. 13.18AECh. 13 - Prob. 13.19AECh. 13 - Prob. 13.20AECh. 13 - Classify sustainable activities effect on cash...Ch. 13 - Prob. 13.22BECh. 13 - Prob. 13.23BECh. 13 - Prob. 13.24BECh. 13 - Calculate operating cash flows (indirect method)...Ch. 13 - Prob. 13.26BECh. 13 - Prob. 13.27BECh. 13 - Prob. 13.28BECh. 13 - Prob. 13.29BECh. 13 - Prob. 13.30BECh. 13 - Classify sustainable activities effect on cash...Ch. 13 - Prob. 13.32APCh. 13 - Prepare statement of cash flows (indirect method)...Ch. 13 - Prob. 13.34APCh. 13 - Prob. 13.35APCh. 13 - Prob. 13.36BPCh. 13 - Prepare statement of cash flows (indirect method)...Ch. 13 - Prob. 13.38BPCh. 13 - Prob. 13.39BPCh. 13 - Prob. 13.40SCCh. 13 - Discussion Analysis A13-41 Discussion Questions...Ch. 13 - Prob. 13.42ACTCh. 13 - Ethics involved with statement of cash flows...Ch. 13 - Prob. 13.44ACTCh. 13 - Prob. 13.45ACT
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- Which of the following would be considered a cash outflow for investing activities? a. cash paid to purchase product for inventory b. cash paid to reacquire common stock c. cash paid to repay debt d. cash paid to purchase equipmentarrow_forwardClassifying Cash Flows Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows: a. Purchase of investments b. Purchase of equipment c. Payment for selling expenses d. Collection of accounts receivable e. Cash received from customers f. Issuance of bonds payablearrow_forwardClassify the following cash flows as either operating (O), investing (I), or financing (F) activities. Received cash payments from customers.arrow_forward
- Select the item that matches with the description. Descriptions a. Begins with net income and then lists adjustments to net income in order to arrive at operating cash flows. b. Item included in net income, but excluded from net operating cash flows. c. Net cash flows from operating activities divided by average total assets. d. Cash transactions involving lenders and investors. e. Cash transactions involving net income. f. Cash transactions for the purchase and sale of long-term assets. g. Purchase of long-term assets by issuing stock to seller. h. Shows the cash inflows and outflows from operations such as cash received from customers and cash paid for inventory, salaries, rent, interest, and taxes. Termsarrow_forwardIdentify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows:a. Purchase of investmentsb. Purchase of equipmentc. Payment for selling expensesd. Collection of accounts receivablee. Cash received from customersf. Issuance of bonds payablearrow_forwardChoose the combination that best reflects the appropiate classification of cash received from operating, investing and financing activities: For your answer, enter either a or b or c or d. Operating Investing Financing a. Cash paid by customer Sales of fixed assets issuance of bonds payable b. Dividends received cash paid by customers issuance of bonds payable c. Sale of fixed assets dividends received cash paid by customers d. Issuance of bonds payable sale of operational assets dividends…arrow_forward
- Where would you report resources and claims to those resources? A. In the statement of cash flows B. In the balance sheet C. In the income statement D. In the statement of activitarrow_forwardCash receipts from royalties, fees, commissions, and other revenues are classified on the statement of cash flows as Cash inflows from operating activities O Cash inflows from investing activities Cash outflows for financing activities O Cash outflows for investing activitiesarrow_forwardWhich of the following cash activities would be listed in the Investing Activities section of the statement of cash flows? a.Cash received from customers b.Depreciation expense on factory building c.Cash paid for purchasing equipment d.Cash paid for purchasing inventoryarrow_forward
- The statement of cash flow consists of three main activities, as follows: OperatingInvestingFinancingEach section provides the reader with details on where the cash came from and where the cash went.How dcan you present an argument for which cash flow statement activities are the most pertinent for the external evaluation of a company?arrow_forwardIdentify the section of the statement of cash flows (a–d) where each of the following items would be reported.a. Operating activitiesb. Financing activitiesc. Investing activitiesd. Schedule of noncash financing and investing Increase in income taxes payable Where does this will be on the cash flow statement ?arrow_forwardIn the statement of cash flows, financing activities are those activities a. that include cash collections from customers and payments to suppliers. b. with owners or long-term creditors or that involve borrowing cash on a short-term basis. c. that involve the purchase and the sale of goods to customers including expenditures to operate the business d. that involve making and collecting loans or purchasing and selling plant assets.arrow_forward
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