1.In a statement of cash flows, increases or decreases in noncurrent assets are
ID: 2480971 • Letter: 1
Question
1.In a statement of cash flows, increases or decreases in noncurrent assets are most closely associated with ?
a.investing or financing activities b.financing activities c.investing activities d.operating activities
2.What is the primary purpose of a company's statement of cash flows?
a. to provide information about the company's dividend policy
b. to provide information about the company's operations
c. to provide information about the company's financing and investing activities
d.to provide information about the company's cash receipts and cash payments during the period
Explanation / Answer
1.d.Operating activity
2.d.to provide information about the company's cash receipts and cash payments during the period
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