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Anettt [7]
3 years ago
15

Which of the following statement is false? Group of answer choices Financing activities include the obtaining of cash from issui

ng debt and repaying the amounts borrowed. Statement of cash flows help investors assess the entity’s ability to generate future cash flows. Noncash investing and financing activities should not be included in the body of the statement of cash flows. Interest payment on bonds payable is a cash outflow from financing activities.
Business
1 answer:
Lapatulllka [165]3 years ago
6 0

Answer:

Interest payment on bonds payable is a cash outflow from financing activities.

Explanation:

The only statement which is false from the list is : Interest payment on bonds payable is a cash outflow from financing activities.

Interest payment on bonds payable is an expense in the income statement used to determine the income for the year. Net Income falls under the Cash flows from Operating Activities.

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John and Mary Billings own a condominium with an assessed value of $110,000. If the tax rate is 25 mills per $1.00 of assessed v
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Answer:

option (D) $ 2,750

Explanation:

Data provided :

Assessed value of John and Mary Billings = $ 110,000

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or

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therefore,

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or

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Product deletion can best be described as the process of deleting a product from the product mix when it a. no longer responds t
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Answer:

(c). no longer satisfies a sufficient number of customers

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