A Cash Flow Statement Is Divided into the Following Sections

question 133

Essay

A cash flow statement is divided into the following sections: cash flows from operating activities,cash flows from investing activities,and cash flows from financing activities.For each of the following events,state the section in which it would be listed.
a.Received cash from issuance of long-term note payable
b.Payment of interest (ASPE)
c.Repurchase of shares
d.Sale of land
e.Received cash from customers
f.Payment of dividends
g.Purchase of equipment
h.Issuance of 50 shares of common stock

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Definitions:

Semi-Annually Compounded

Interest on an investment or loan that is calculated and added to the principal balance twice a year.

Quarterly Compounded

Interest is added to the principal every three months, with subsequent interest calculations based on the resulting total.

GIC

A Guaranteed Investment Certificate (GIC) is a type of Canadian investment that offers a guaranteed return over a fixed period.

Monthly Compounded

Interest on an investment or loan is calculated monthly and added to the principal, allowing the interest to earn interest in subsequent months.