题目内容
Which of the following statements about the indirect method of calculating the statement of cash flows is least accurate
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Jodi Lein, small business consultant, is currently working with RJ Landscaping, a sole proprietorship. She is trying to educate the owner on the importance of monitoring cash flows. Operating information as of the end of the most recent month appears below: Cash from sale of truck of $ 7000. Cash salaries paid of $17000. Cash from customers of $ 45000. Depreciation expense of $ 5500. Interest on bank line of credit of $1000. Cash paid to suppliers of $ 22000. Other cash expenses, including rent, of $ 6300. No taxes due. Using this information, Lein calculates the cash flow from operations for the month at:
Juniper Corp. has the following transactions in 2005. Juniper’ s equipment with a book value of $ 55000 was sold for $ 85000 cash. A parcel of land was purchased for $100000 worth of Juniper common stock. ABC company paid Juniper preferred dividends of $ 40000. Juniper declared and paid a $100000 cash dividend. Using the indirect method, what is cash flow from financing (CFF) for Juniper for 2005
According to U.S. Generally Accepted Accounting Principles (GAAP) and International Accounting Standards (IAS) GAAP, should dividends paid be treated as a cash flow from financing (CFF) or as a cash flow from operations (CFO) U.S. GAAP IAS GAAP ①A. CFO CFF ②B. CFF CFO ③C. CFF CFF or CFO
The correct set of cash flow treatments as they relate to interest paid according to U. S. generally accepted accounting principles (GAAP) and International Accounting Standards (IAS) GAAP is : U.S. GAAP IAS GAAP ①A. CFO CFO or CFF ②B. CFF CFF ③C. CFO CFO
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