On the statement of cash flows prepared by the indirect method, the cash flows from operating activities section would include
A) receipts from the sale of investments
B) amortization of premium on bonds payable
C) payments for cash dividends
D) receipts from the issuance of capital stock

Question

Quizplus · Accepted Answer

The cash flows from operating activities section includes non-cash expenses such as amortization of premium on bonds payable. Choices A, C, and D would be included in the investing and financing activities sections of the statement of cash flows.

On the Statement of Cash Flows Prepared by the Indirect