What are the three types of cash flows shown on the statement of cash flows? Give examples of each type
What will be an ideal response?
The statement of cash flows is divided into operating, investing, and financing activities. A cash inflow from operating activities would be collection of an account receivable. A cash outflow for operating activities would be payment of an account payable. A cash inflow from investing activities would be the sale of used equipment. A cash outflow for investing activities would be the purchase of a computer system. A cash inflow from financing activities would be the receipt of loan proceeds. A cash outflow for financing activities would be the payment of dividends.
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The paramount basis of competitive advantage in high-technology industries is:
a. promotion b. price c. location d. intellectual property e. facilities
Recording B/AR/CR event data is generally the responsibility of the accounts receivable department, which for good internal control typically reports to the ______________________________ function
Fill in the blank(s) with correct word