Which of the following would NOT appear on a statement of cash flows using the direct method?
A) Payments to a supplier
B) Proceeds from issuance of common stock
C) Cost of goods sold
D) Collections from customers
Correct Answer:
Verified
Q97: 1.1.investments was:
A)$80,000.
B)$75,000.
C)$85,000.
D)none of the above.
Q98: Cash received from interest revenue is combined
Q99: Which statement is TRUE regarding the direct
Q100: Under the direct method of preparing the
Q101: 1.1.income statement for the year is:
A)$59,500.
B)$62,500.
C)$53,500.
D)$61,000.
Q103: At the beginning of the year, Prepaid
Q104: All of the following would appear on
Q105: Free cash flow is:
A)net cash provided by
Q106: ZCMI, Inc. reported an increase in Accounts
Q107: Cash sales and sales on account were
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