Under the direct method of preparing the statement of cash flows, cash payments from operating activities do NOT include:
A) payment of dividends.
B) payments to suppliers.
C) payments to employees.
D) payments of income tax.
Correct Answer:
Verified
Q95: Rain Forever Corporation had a beginning balance
Q96: Under the direct method, cash receipts from
Q97: 1.1.investments was:
A)$80,000.
B)$75,000.
C)$85,000.
D)none of the above.
Q98: Cash received from interest revenue is combined
Q99: Which statement is TRUE regarding the direct
Q101: 1.1.income statement for the year is:
A)$59,500.
B)$62,500.
C)$53,500.
D)$61,000.
Q102: Which of the following would NOT appear
Q103: At the beginning of the year, Prepaid
Q104: All of the following would appear on
Q105: Free cash flow is:
A)net cash provided by
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