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Author Question: Pietro's Pizza purchased a new wood-burning pizza oven for $37,000. Pietro put $7,500 cash down and ... (Read 177 times)

dejastew

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on: Feb 19, 2020
Pietro's Pizza purchased a new wood-burning pizza oven for $37,000. Pietro put $7,500 cash down and signed a long-term note for the balance. How would this transaction be reflected on the Statement of Cash Flows under the indirect method?
◦ A $7,500 outflow of cash in the operating section and a $29,500 outflow in the financing section.
◦ A $37,000 outflow of cash in the financing section.
◦ A $7,500 outflow of cash in the operating section and a $29,500 outflow in the investing section.
◦ A $7,500 outflow of cash in the investing section.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by dejastew on Feb 19, 2020

Chou

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Reply #1 on: Feb 19, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dejastew

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Reply 2 on: Feb 19, 2020
Great answer, keep it coming :)

Bigfoot1984

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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