Asked by

Figure Marvel
on Nov 02, 2024

verifed

Verified

Financing activities on an entity's statement of cash flows are usually associated with:

A) disposal of non-current assets.
B) purchase on shares by the entity.
C) sales of goods and services by the entity.
D) movements in non-current liabilities and equity.

Financing Activities

Activities that result in changes in the size and composition of the contributed equity and borrowings of the entity.

Statement of Cash Flows

A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.

Non-Current Liabilities

Liabilities not due for settlement within 12 months after the reporting period, often including long-term loans, bonds payable, and lease obligations.

  • Recognize and categorize cash flows pertaining to financing activities.
verifed

Verified Answer

AL
Amanda LudwigsonNov 04, 2024
Final Answer:
Get Full Answer