When Using the Indirect Method to Determine Operating Cash Flows,how

question 8

Multiple Choice

When using the indirect method to determine operating cash flows,how is the issuance of stock to retire a long-term debt shown on a statement of cash flows?

• A)Operating activity
• B)Investing activity
• C)Financing activity
• D)Noncash investing or financing activity
• E)Not reported on the statement of cash flows

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Definitions:

Crafts Activity

Creative activities involving the making of decorative or functional items by hand.

Performance Portion

The segment or part of an evaluation or assessment that measures the actual execution or demonstration of skills and knowledge.

Curfew

A regulation or order specifying a time by which individuals must remain indoors, typically enforced by authorities to maintain public order.

Weeknights

The evenings of the weekdays, typically from Monday to Friday, considered as a timeframe for routine activities.