In the Statement of Cash Flow for a private not-for-profit college, endowment contributions are included in cash flows provided by (used for) ____________ activities

a. operating
b. financing
c. noncapital financing
d. investing

b

Business

You might also like to view...

The three parts of the Du Pont identity can be generally described as:

I. operating efficiency, asset use efficiency and firm profitability. II. financial leverage, operating efficiency and asset use efficiency. III. the equity multiplier, the profit margin and the total asset turnover. IV. the debt-equity ratio, the capital intensity ratio and the profit margin. A. I and II only B. II and III only C. I and IV only D. I and III only E. III and IV only

Business

The accounting records of Marcus Service Company include the following selected, unadjusted balances at June 30: Accounts Receivable, $2,700; Office Supplies, $1,800; Prepaid Rent, $3,600; Equipment, $15,000; Accumulated Depreciation - Equipment, $1,800

What will be an ideal response

Business