Select all that applyWhich of the following items are classified as cash inflows from operating activities on the statement of cash flows?Multiple select question.receipt of interestsale of a buildingcollection from customersborrowing from bankpayment of utilities
Question
Select all that applyWhich of the following items are classified as cash inflows from operating activities on the statement of cash flows?Multiple select question.receipt of interestsale of a buildingcollection from customersborrowing from bankpayment of utilities
Solution
The items classified as cash inflows from operating activities on the statement of cash flows are:
- Receipt of interest
- Collection from customers
The sale of a building is considered an investing activity, not an operating activity. Borrowing from a bank is a financing activity, not an operating activity. Payment of utilities is a cash outflow, not an inflow.
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