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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Cash outflows from operating activities—direct method
Required
Which of the following transactions produce cash outflows from operating activities (assume the use of the direct method)?
a. Cash receipt from collecting accounts receivable.
b. Cash receipt from sale of land.
c. Cash payment for dividends.
d. Cash payment to settle an account payable.
e. Cash payment to purchase inventory.
f. Cash payment for equipment.
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