Flashcards in Cash Flows Deck (6):
What items are included in operating activities on the Statement of Cash Flows?
Cash received from Customers, Interest & Dividends, Trading Securities
Cash paid to Vendors, Suppliers, Interest, Taxes, Trading Securities
What items are included in investing activities on a Statement of Cash Flows?
Cash received: Sale of PP&E, Sale of Investments, Loan Principle
Cash paid: Loans, Acquisitions, AFS or HTM Securities, Taxes, Trading Securities
What items are included in Financing Activities in a Statement of Cash Flows?
Cash received: Issuance of Stock, Issuance of Debt
Cash paid: Dividends
What is the direct method for a Statement of Cash Flows?
Starts with Income from Continuing Operations
Adjusts for changes in accounts like A/R, A/P, Inventory and non-cash revenues, expenses, gains, losses
If used, the Indirect Method must also be shown