Asked by Angela Fulkerson on Mar 10, 2024
Verified
For cash flow reporting purposes, operating activities include:
A) acquisition and disposal of investments.
B) buying and selling of non-current assets.
C) incurring and extinguishing equity and debt.
D) those not otherwise classified as financing and investing.
Operating Activities
The day-to-day activities of a company involved in producing and selling its products or services, which are reflected in its net income.
Cash Flow Reporting
A financial statement segment that provides information on the cash inflows and outflows of an entity during a specific period.
Financing and Investing
Activities that involve raising capital and using those funds to acquire assets or invest in projects with the aim of generating future returns.
- Grasp the structure and constituents of operating, investing, and financing activities presented in the cash flow statement.
- Identify and evaluate cash transactions from business functioning.
Verified Answer
Learning Objectives
- Grasp the structure and constituents of operating, investing, and financing activities presented in the cash flow statement.
- Identify and evaluate cash transactions from business functioning.
Related questions
Which of the Following Items Must Be Separately Disclosed in ...
Which of the Following Items Is Classified as Part of ...
Carson Corporation's Comparative Balance Sheet and Income Statement for Last ...
Colby Company Has Provided the Following Selected Information for the ...
Describe the Format of the Statement of Cash Flows, Including ...