Which of the following statements is true? multiple choice
a. losses on the sale of long-ter...
Business, 18.12.2019 20:31 notseansafe
Which of the following statements is true? multiple choice
a. losses on the sale of long-term assets are an adjustment reported in the operating activities section of the statement of cash flows under the indirect method.
b. repayment of long-term debt is classified as a cash outflow from investing activities in the statement of cash flows.
c. dividends paid are classified as a cash outflow from operating activities in the statement of cash flows.
d. investment in another company's common stock is classified as a cash outflow from financing activities in the statement of cash flows.
Answers: 2
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