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For Each of the Following, Identify Whether It Would Be

Question 154

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For each of the following, identify whether it would be disclosed as an activity on the statement of cash flows under the indirect method.

Premises:

Responses:

Paid of dividends

O-operating

Received dividends

I- investing

Purchase of equipment

F-financing

Issued company's common stock

Net income

Amortization expense

Premises:

Paid of dividends

Received dividends

Purchase of equipment

Issued company's common stock

Net income

Amortization expense

Responses:

O-operating

I- investing

F-financing

Correct Answer:

Premises:

Responses:

Paid of dividends

Received dividends

Purchase of equipment

Issued company's common stock

Net income

Amortization expense

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