Under IFRS, if a company classifies dividend paid in the financing section in the statement of cash flows, it cannot classify interest paid in the operating cash flows. True or false? True False
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- How is net operating profit after tax (NOPAT) different from cash flows provided by (and to) operating activities (CFO)?Which of the following items would not appear in thefinancing section of the statement of cash flows?a. The issuance of the company’s own stock.b. The repayment of debt.c. The payment of dividends.d. All of the above would appear in the financing sectionof the statement of cash flows.Which of the following statements is true? Select one: a. Dividends paid are classified as a cash outflow from operating activities in the statement of cash flows b. Losses on the sale of long-term assets are an adjustment reported in the operating activities section of the statement of cash flows under the indirect method c. Repayment of long-term debt is classified as a cash outflow from investing activities in the statement of cash flows d. Investment in another company's common stock is classified as a cash outflow from financing activities in the statement of cash flows
- Explain why the following statement is true: The retained earnings account reportedon the balance sheet does not represent cash and is not “available” for dividend paymentsor anything else.Which of the following is not classified among the financing activities in a statement of cash flows? a Long-term borrowing. b Payment of dividends to stockholders. c Short-term borrowing. d Payment of interest to creditors.Which of the following statements concerning the balance sheet is TRUE? a. Ob. C. Operating cash flow (OCF) should be the cash available to creditors. Assets on the balance sheet must be listed in the order in which they are repaid. Changes in depreciation expense affect a firm's cash position. d. The balance sheet shows the prices at which each individual investor purchased the company's stocks and bonds.
- Which of the following is true if a company reports an unrealized increase in fair value of available-for-sale securities using an allowance account? The spreadsheet and statement of cash flows do not reflect this transaction. The spreadsheet accounts for this transaction, but it is not reflected in the statement of cash flows. The spreadsheet does not account for this transaction, but it is reflected in the statement of cash flows. Both the spreadsheet and the statement of cash flows reflect this transaction.Explain why the following statement is true: “The retained earningsaccount, as reported on the balance sheet, does not represent cashand is not available for the payment of dividends or anything else.”Which of the following is included in the cash flows from financing activities section of the statement of cash flows? O A. Interest received from borrowers.O B. Purchase of stock in another company.O C. Purchase of treasury stock.O D. Interest paid to lenders.
- Which of the following is classified as a financing activity? Receipt of dividend income Receipt of interest on loan receivable Payment of dividends Investment in another company’s stockcash flows from financing activities does not include a. issuance of stock b. interest received c. cash dividends paid d. retirement of bonds payableductory financial accounting_ Liquidity is simply: O a. another term for non-current assets O b. a company's ability to pay obligations when due O c. another term for current liabilities O d. another term for cash ype here to search
