In a Statement of Cash Flows Using the Direct Method,which

question 33

Multiple Choice

In a statement of cash flows using the direct method,which of the following would increase reported cash flows from operating activities?

• A) Dividends received from investments
• B) Gain on sale of equipment
• C) Gain on sale of a business segment
• D) Sale of treasury stock

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Definitions:

Direct Message

A private form of communication between social media users that is not visible to the public.

Underlying Purpose

The fundamental reason or motive that is not immediately obvious, driving actions or goals.

Negative Elements

Components or aspects of a situation, document, or product that detract from its overall quality or effectiveness.

Positive Memos

Internal corporate communications that convey affirmative news, reinforcement, or encouragement to employees.