Cash Flows from Operating Activities, as Reported on the Statement

question 11

Multiple Choice

Cash flows from operating activities, as reported on the statement of cash flows under the indirect method, would include

• A)receipts from the sale of investments.
• B)net income.
• C)payments for dividends.
• D)receipts from the issuance of capital stock.

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Definitions:

Atlantic

The second-largest ocean on Earth, separating the Americas from Europe and Africa.

Huron

A confederation of Native American tribes originally located in the Great Lakes region, known for their agricultural society and involvement in the fur trade.

Iroquois

A historically powerful northeast Native American confederacy known for forming the Iroquois League, which brought together several tribes for strength and diplomacy.

Algonquin

Refers to a group of Native American peoples speaking Algonquian languages and originally living in the North Eastern region of North America.