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Suppose BO company uses the indirect method to prepare the cash flow statement. Indicate which of...

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Accounting

Suppose BO company uses the indirect method to prepare the cashflow statement. Indicate which of the following items will appearin the cash flow from operating activities section of the cash flowstatement. [Tick all that apply].

Amortization of the cost of an intangible asset

Cash paid to acquire other companies

Cash paid to buy bonds issued by another company

Cash received from sale of company’s own stock

Dividends received from companies accounted byavailable-for-sale method

Income from companies accounted by equity method

Licensing revenue

Answer & Explanation Solved by verified expert
4.5 Ratings (692 Votes)
Amortization of the cost of intangible assets is a non cash transaction therefore it will not be noted in cash flow statement Cash paid to acquired other company show in an investing activities section of cash flow statement because operation of subsidiaries or acquiring of other company    See Answer
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