10. On the statement of cash flows, cash purchase of land is treated as a/an
a.
investing activity
b.
financing activity
c.
outflow of cash from operations
d.
expenditure not requiring the use of cash
2006-07-21 07:23:03 · 5 answers · asked by me 3 in Business & Finance ➔ Other - Business & Finance
investing activity
2006-07-21 07:34:27 · answer #1 · answered by psychstudent 5 · 0⤊ 0⤋
a. Investing Activity
2006-07-21 10:33:09 · answer #2 · answered by ps2754 5 · 0⤊ 0⤋
The income statement allows you to subtract out depreciation, amortization, and depletion when figuring out net income but these differ from other expenses in that you don't write a check for them like you would a phone bill. When you figure out cash flows you take this into account - so this statement gives you how cash actually moves into and out of your company.
2016-03-27 02:13:13 · answer #3 · answered by ? 4 · 0⤊ 0⤋
This is a asset, and doesn't depreicate, this is a. investing activity
2006-07-21 07:48:40 · answer #4 · answered by Anonymous · 0⤊ 0⤋
a. investing
2006-07-21 07:25:48 · answer #5 · answered by The Time 2 · 0⤊ 0⤋