Cash collected from accounts receivables is characterized as an ________ activities.
A) inflow from investing
B) outflow for financing
C) inflow from operating
D) outflow for operating
Correct Answer:
Verified
Q147: A source of cash from financing activities
Q148: Team Shirts,Inc.collected $16,000 from accounts receivable,paid $10,000
Q149: Team Shirts,Inc.issued 100 shares of stock for
Q150: Cash paid for interest payments is characterized
Q151: Team Shirts,Inc.had net cash from operating activities
Q153: Team Shirts, Inc. bought a screen-printing machine
Q154: Team Shirts,Inc.bought a computer system for $100,000
Q155: Team Shirts,Inc.had net cash from operating activities
Q156: A use of cash for financing activities
Q157: Team Shirts,Inc.collected $20,000 from customers,recorded depreciation expense
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents