Which of the Following Would Be Reported on the Statement

question 171

Multiple Choice

Which of the following would be reported on the statement of cash flows,using the direct method,as a cash flow from operating activities?

• A)Payment of income taxes.
• B)Payment of cash dividends.
• C)Purchase of a building.
• D)Purchase of treasury stock.

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Definitions:

Gondwana

Name given by geologists to the hypothetical combination of the southern continents into a single large supercontinent.

Tethys

Refers to an ancient ocean that existed between the continents of Gondwana and Laurasia before the opening of the Indian and Atlantic oceans.

Magnetism

A physical property of materials that respond to the magnetic field, often resulting from the motion of electric charges.

Rock Types

Categories into which rocks are classified based on their formation process, including igneous, sedimentary, and metamorphic rocks.