Which of the following cash flows would be included in the operating activities section of the statement of cash flows if the direct method is used?
A)Cash received from a bond issue
B)Cash paid to purchase equipment
C)Cash receipts from dividends
D)Cash gains and losses from the sale of operational assets

Question

Quizplus · Accepted Answer

Cash flows reported as operating activities include cash receipts from revenues,including interest and dividend revenue and cash payments for expenses,including interest expense.

Which of the Following Cash Flows Would Be Included in the Operating