Which of the following is not a correct statement about cash flow statement? A Cash...
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Accounting
Which of the following is not a correct statement about cash flow statement?
A Cash flows from operating activities show the amount of cash that flowed into the company from the sale of goods and/or services, as well as cash from dividends and interest received.
B Cash flows from investing activities show the amount of cash received from the sale of fixed assets and financial assets, as well as cash used to buy these assets as long-term investment.
C Cash flows from financing activities show the cash the firm received from issuing additional shares of its own stock or from taking out long-term loans.
D Cash flows from operating activities dont have to show the amount of cash used to cover expenses resulting from operations and any cash payments to purchase securities held for short-term trading purposes.
E Cash flows from financing activities also include cash outflows from payment of dividends and to repay principal on loans.
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