Answered

Discover the answers to your questions at Westonci.ca, where experts share their knowledge and insights with you. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

Gertrude company receives $15,200 relating to its installment note receivable; of this amount $9,000 represents interest. in its statement of cash flows, this inflow should be reported as a(n):________

Sagot :

Investing activity inflow will be $6200 whereas operating inflow will be $9000. The net amount of cash and cash equivalents coming into and going out of a business is referred to as cash flow. Receiving money represents inflows.

The cash generated or spent in relation to investment activities is shown in the cash flow from investing activities portion of the cash flow statement. Buying tangible assets, investing in securities, or selling securities or assets are all examples of investing activity.

Investors view the cash flow statement as a useful indicator of an entity's profitability and long-term prospects. It can be useful to assess whether the business has enough money to cover its expenses.

To learn more on cash flow statement

https://brainly.com/question/15278261

#SPJ4

Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.