Bridges Company pays cash for all inventory purchases. Bridges reports that it had a beginning inventory of $1,250 and an finishing inventory of $450. Its expense of items marketed was $2,750. Based on this indevelopment, the amount of cash passist for inventory purchases was: a. $4,950 b. $3,550 c. $1,950 d. $700
Under the indirect technique, which of the adhering to items would be included to net inpertained to determine the cash circulation from operating activities? a. Depreciation expense. b. Decrease in the balance of accounts payable. c. Gain on the sale of tools. d. Accrued interest receivable.

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Which method is provided by majority of US providers to report cash flows from operating activities? a. Computational approach b. Accrual method c. Direct method d. Indirect method
When using the indirect strategy, an increase in a present asset is: a. subtracted from net income in the cash flows from operating activities area. b. added in the cash flows from investing tasks area. c. subtracted from current liabilities in the cash flows from financing activities area. d. included to net earnings in the cash flows from operating tasks area.
What is the appropriate treatment of a loss on disposal of devices when using the instraight approach to finish the cash flows from operating activities section? a. Disregard the loss bereason it relates to a financing activity. b. Disregard the loss bereason it relates to an investing task. c. Subtract the loss from net revenue. d. Add the loss to net earnings.
When preparing a statement of cash flows, in which area is it allowed to use either the direct technique or the instraight method? a. All of the various other answers are correct. b. Financing tasks c. Operating activities d. Investing activities
Worcester Company kind of offered tools for $25,000 cash. The equipment had price $40,000 and had built up depreciation of $22,000 at the time of the sale. Based on this information alone, choose the True statement. a. Cash circulation from investing activities would certainly be greater if the sale of equipment is reported on the statement of cash flows under the direct technique than if it is reported under the instraight strategy. b. Cash circulation from investing tasks would be less if the statement of cash flows is ready by the direct method than if it is all set under the instraight technique. c. The answer cannot be figured out because the amount of the salvage value is unwell-known. d. Cash circulation from investing tasks would be the same regardmuch less of whether the statement of cash flows is all set by the direct method or the indirect method.

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Which of the adhering to would be reported as a financing task on the statement of cash flows? a. Dividends gathered from an investment in marketable securities. b. Keep in mind payable issued to purchase equipment. c. Cash passist for the purchase of treasury stock. d. Keep in mind payable issued to purchase devices and also cash phelp for the purchase of treasury stock.
When the indirect technique is used to prepare the statement of cash flows, what is the starting allude of the operating tasks section? a. Total assets as reported on the balance sheet b. Cash collections from customers c. Sales as reported on the income statement d. Net income as reported on the revenue statement
Which of the following is not an adjustment as soon as getting here at net cash provided by operating tasks under the instraight method? a. Gains and also losses on the sale of irreversible assets b. Changes in noncash existing ascollection and present liability accounts c. Changes in a company"s long-term assets d. Noncash prices such as depreciation expense
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