The type of activity using following abbreviations in the given statement: 1. Operating activity—addition to net income (O+) 2. Operating activity—subtraction from net income (O–) 3. Financing activity (F) 4. Investing activity (I) 5. Activity that is not on the statement of cash flows (NA)

Question

Want to see the full answer?

Answer 1

Question

Chapter 13, Problem 13.1SE

a.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

b.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

c.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

d.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

e.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

f.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

g.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

h.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

i.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

j.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

k.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

l.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

m.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

n.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

P11-77. (Learning Objectives 2, 3: Prepare a balance sheet from a statement of cash flows)The December 31, 2017, balance sheet and the 2018 statement of cash flows for McFarlandCorporation follow: Requirement1. Prepare the December 31, 2018, balance sheet for McFarland.

S1-11. (Learning Objective 4: Identify appropriate financial statement use) For each of thefollowing questions, indicate which financial statement would most likely be used to providethe information. Use the following abbreviations: Income statement (I), Statement of retainedearnings (R), Balance sheet (B), and Statement of cash flows (C).a. What were the company’s net sales for the year?b. What assets does the company have?c. How much cash was generated by operating activities?d. Why did the company’s retained earnings change during the year?e. How much in total debt does the company have?f. How well did the company perform during the year?g. Did the company declare a dividend during the year?h. How much cash did the company generate and spend during the year?i. What is the company’s financial position at the end of the year?

(Learning Objectives 1, 7: Show how to speed up cash flow from receivables;evaluate liquidity through ratios) Geneva Co., Inc., an electronics and appliance chain,reported these figures in millions of dollars:Net sales .........................................Receivables at end of year...............2019$523,1253,8602018$543,1254,510Requirements1. Compute Geneva’s days’ sales in receivables or days’ sales outstanding (DSO) during2019. (For this exercise, use “net sales” for “net credit sales” when calculating ratios.)2. Is Geneva’s DSO long or short? Kurzwel Networks takes 39 days to collect its averagelevel of receivables. Domarko Freight, the overnight shipper, takes 33 days. What causesGeneva’s collection period to be so different?

Answer 2

Question

Chapter 13, Problem 13.1SE

a.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

b.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

c.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

d.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

e.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

f.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

g.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

h.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

i.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

j.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

k.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

l.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

m.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

n.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 13, Problem 13.1SE

a.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

b.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

c.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

d.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

e.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

f.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

g.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

h.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

i.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

j.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

k.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

l.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

m.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

n.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 13, Problem 13.1SE

a.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

b.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

c.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

d.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

e.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

f.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

g.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

h.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

i.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

j.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

k.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

l.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

m.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

n.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 13, Problem 13.1SE

a.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

b.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

c.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

d.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

e.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

f.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

g.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

h.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

i.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

j.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

k.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

l.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

m.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

n.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 6

Chapter 13, Problem 13.1SE

a.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 7

Chapter 13, Problem 13.1SE

a.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 8

b.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 9

b.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 10

c.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 11

c.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 12

d.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 13

d.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 14

e.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 15

e.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 16

f.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 17

f.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 18

g.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 19

g.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 20

h.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 21

h.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 22

i.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 23

i.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 24

j.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 25

j.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 26

k.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 27

k.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 28

l.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 29

l.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 30

m.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 31

m.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 32

n.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 33

n.

To determine

To identify: The type of activity using following abbreviations in the given statement:

1. Operating activity—addition to net income (O+)

2. Operating activity—subtraction from net income (O–)

3. Financing activity (F)

4. Investing activity (I)

5. Activity that is not on the statement of cash flows (NA)

Answer 34

Expert Solution & Answer

Answer 35

Expert Solution & Answer

Answer 36

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 37

Ch. 13 - (Learning Objective 1) Which of the following is...Ch. 13 - Prob. 2QC Ch. 13 - Prob. 3QC Ch. 13 - Prob. 4QC Ch. 13 - Prob. 5QC Ch. 13 - Prob. 6QC Ch. 13 - Prob. 7QC Ch. 13 - Prob. 8QC Ch. 13 - Prob. 9QC Ch. 13 - (Learning Objective 3) Which one of the following...

The type of activity using following abbreviations in the given statement: 1. Operating activity—addition to net income (O+) 2. Operating activity—subtraction from net income (O–) 3. Financing activity (F) 4. Investing activity (I) 5. Activity that is not on the statement of cash flows (NA)

Solution Summary: The author identifies the type of activity using the following abbreviations in the given statement: 1. Operating activity—addition to net income (O+), 2. Financing activity (F), and 3. Investing activity

Want to see the full answer?

Chapter 13 Solutions