On the Statement of Cash Flows,direct method,which of the following is a cash outflow from an operating activity?
A)Payment to the bank for a loan
B)Payment to the government for taxes
C)Payment to buy a piece of equipment
D)Paying dividends to stockholders

Question

Quizplus · Accepted Answer

Payment to the government for taxes is considered a cash outflow from operating activities on the Statement of Cash Flows using the direct method.

On the Statement of Cash Flows,direct Method,which of the Following