When the Direct Method Is Used to Determine Operating Cash

question 78

Multiple Choice

When the direct method is used to determine operating cash flows,how is the purchase of equipment for cash shown on the statement of cash flows?

• A) as an operating activity
• B) as an investing activity
• C) as a financing activity
• D) as a noncash investing and financing activity

Convert equations from general form to slope-intercept form.

Determine additional points on a line given a point and slope.

Understand the concept of slope as a measure of steepness.

Apply linear models to practical problems, such as depreciation.