Which of the Following Would NOT Be Reported in the Operating

question 41

Multiple Choice

Which of the following would NOT be reported in the operating activities section of a statement of cash flows using the direct method?

• A)cash paid for income taxes
• B)interest received on notes receivable
• C)loss on sale of equipment
• D)payments to suppliers

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Definitions:

Linear Regression

A statistical method for modeling the relationship between a dependent variable and one or more independent variables, assuming a linear relationship.

Least Squares

A mathematical approach used in regression analysis to minimize the sum of the squares of the differences between observed and predicted values.

Goals/G

In sports statistics, a metric that indicates the average number of goals scored per game by a team or player.

Win%

A statistic that represents the percentage of times a team or individual has won over the total number of games or events participated in.