Please match the term with the explanation. Each term and each explanation is used only once....
Please match the term with the explanation. Each term and each explanation is used only once.
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Homework Answers
Answer-
| Cash inflow from investing activities | Sale of equipment |
| Cash outflow from financing activities | Payment of dividends |
| Reports cash receipts and cash payments that increase or decrease long-term assets | Investing activities section |
| Cash outflow from investing activities | Purchase of a building |
| Calculated by combining the net cash flows from operating activities, net cash flows from investing activities and net cash flows from financing activities | Statement of Cash Flows |
| Cash inflow from financing activities | Issue stock for cash |
| Purchase of equipment financed by a long term note | Non-cash investing and financing activities |
| Reports on activities that create revenue or expense | Indirect method |
| Report cash inflows and outflows involved in long-term liabilities and equity | Financing activities section |
| Cash receipts and cash payments of a business | Cash flows |
| Reports on a business’s cash receipts and cash payments for a period of time | Increase (decrease) in cash |
| Non-cash expense that is added as an adjustment under the indirect method | Depreciation expense |
| Starts with net income and adjusts it to net cash provided by operating activities | Operating activities section |
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Please match the term with the explanation. Each term
and each explanation is used only once....
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