Solved

KWB Made the Following Cash Outflows During 2011 What Would Be KWB's Cash Outflows for Investing and Financing

Question 129

Essay

KWB made the following cash outflows during 2011:  Cash for dividend paym ent on K”B comm on shares $5,000 Cash tor capital as sets 50,000 Cash tor interest 3,000 Cash tor purchase of JCK comm on stock 40,000\begin{array} { | l | l | } \hline \text { Cash for dividend paym ent on K''B comm on shares } & \$ 5,000 \\\hline \text { Cash tor capital as sets } & 50,000 \\\hline \text { Cash tor interest } & 3,000 \\\hline \text { Cash tor purchase of JCK comm on stock } & 40,000 \\\hline\end{array} What would be KWB's cash outflows for investing and financing activities for 2011 under IFRS?
Note: Under IFRS, dividends and interest paid may also be classified as operating cash flows.

Correct Answer:

verifed

Verified

Investing Cash Outflows: $50,0...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents