Sunday, December 4, 2011

Which of the following statements is NOT true about the STMT of cash flows?

Which of the following statements is NOT true?





a. The same amount for "net increase (decrease) in cash from operating activities will be obtained regardless of whether the direct or indirect method is used.


b. Cash received from the issue of a company's common stock would be classified as an investing activity.


c. Cash received from dividends earned on stock investments would be classified as an operating activity.


d. Cash received from the sale of equipment would be classified as an investing activity.|||b. Cash received from the issue of a company's common stock would be classified as an investing activity.





It's a financing activity

No comments:

Post a Comment