SOLVED

61) Cash paid to a municipality for property taxes would appear in the: A) investing activities section B) financing activities section C) operating activities section D) would not appear on the cash flow statement 62) Cash paid to employees for wages would appear in the: A) investing activities section B) financing activities section C) operating activities section D) would not appear on the cash flow statement 63) Cash paid for the purchase of office furniture would appear in the: A) investing activities section B) financing activities section C) operating activities section D) would not appear on the cash flow statement 64) Cash paid to the landlord for rent would appear in the: A) investing activities section B) financing activities section C) operating activities section D) would not appear on the cash flow statement 65) The sale of common shares would appear in the: A) operating activities section B) financing activities section C) investing activities section D) financing activities section or the investing activities section 66) The purchase of common shares of another company would appear in the: A) operating activities section B) financing activities section C) investing activities section D) financing activities section or the investing activities section 67) The distribution of a stock dividend would appear in the: A) operating activities section B) financing activities section C) investing activities section D) It would not appear on the cash flow statement. 68) The payment of a cash dividend would appear in the: A) operating activities section B) financing activities section C) investing activities section D) It would not appear on the cash flow statement. 69) Which of the following is not considered an operating activity? A) interest earned on short-term investments B) sale of inventory C) dividends received on investments in shares D) dividends paid to shareholders 70) Which of the following is considered an investing activity? A) interest earned on short-term investments B) sale of inventory C) dividends received on investments in shares D) dividends paid to shareholders