Asked by michelle hopkins on Jun 25, 2024
Verified
_____,a category of cash flow,is calculated from changes in the long-term liability accounts and the contributed capital accounts in owners' equity.
A) Cash from profiteering activities
B) Cash from investing activities
C) Cash from financing activities
D) Cash from operating activities
E) Cash from marketing activities
Financing Activities
Transactions and events that affect the long-term liabilities and equity of a company, including issuing debt, securing loans, or selling company shares.
- Gaining an insight into the diverse categories of cash flow and the methods for their calculation.
Verified Answer
AS
Austin ScheinJun 28, 2024
Final Answer :
C
Explanation :
Cash from financing activities is calculated from changes in long-term liability accounts and the contributed capital accounts in owners' equity. This includes transactions involving debt, equity, and dividends.
Learning Objectives
- Gaining an insight into the diverse categories of cash flow and the methods for their calculation.
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