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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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8 years ago
Using the direct method to prepare the statement of cash flows, cash payments for merchandise inventory is categorized on the statement of cash flows as
A) a cash receipt in the investing activities section on the statement of cash flows.
B) a cash receipt in the operating activities section on the statement of cash flows.
C) a cash payment in the investing activities section on the statement of cash flows.
D) a cash payment in the operating activities section on the statement of cash flows.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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8 years ago
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bernie2981 Author
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8 years ago
You're such a dedicated member, I very much appreciate the help.

Marking this solved ✓
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