Which of the following is a cash inflow from an operating activity on the statement of cash flows (direct method)?
A)sold treasury stock for cash
B)issued common stock
C)received interest revenue in cash
D)borrowed money on a long-term note

Question

Quizplus · Accepted Answer

Receiving interest revenue in cash is a cash inflow from an operating activity because it is revenue earned from the company's normal operations. Selling treasury stock is a financing activity, issuing common stock is a financing activity, and borrowing money on a long-term note is an investing activity.

Which of the Following Is a Cash Inflow from an Operating