lottie9126 lottie9126

11-01-2020
Business

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A not-for-profit voluntary health and welfare organization should report a contribution for the construction of a new building as cashflow for which of the following in the statement of cash flows?
a. capital financing activities
b. operating activities
c. financing activities
d. investing activities

Respuesta :

BenitoMarin BenitoMarin

11-01-2020

Answer:

The correct answer is letter "C": financing activities.

Explanation:

Cash flow refers to transferring cash to, or from, an account, a company, or an investment. In the cash flow statement, there is a section called "Financing Activities" where all the net flow of cash to fund the entity is recorded. Those activities imply the firm's equity, debt, and dividends.

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