The investing activities section of the statement of cash flows inculdes which of the following...
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Accounting
The investing activities section of the statement of cash flows inculdes which of the following activities
Interest or Dividend Revenue
Sale of land
Sale of common stock
Purchase of Inventory
2) On the statement of cash flows a company that sold equipment for $4000 at a $2000 gain would show the following: $4000 of cash proceeds as an increase in the investing section and the $2000 gain as a decrease in the operating section
- True
-False
3) When adjusting for a change in a liability account (whether current or long term ) there will be an inverse relationship to cash shown on the statement of cash flows
- True
- False
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