The Australian company BHP Billiton is one of the world’s biggest mining companies. Some of the items included in its annual consolidated statement of cash flows, presented using the direct method, are listed below. Indicate whether each item is disclosed in the operating activities (O), investing activities (I), or financing activities (F) section of the statement, or write NA if the item does not appear on the statement: _____ 1. Dividends paid. _____ 2. Income taxes paid. _____3. Interest received. _____4. Net earnings. _____5. Payments for property, plant, and equipment. _____6. Payments in the course of operations. _____7. Proceeds from ordinary share issues. _____8. Proceeds from the sale of property, plant, and equipment. _____9. Receipts from customers. _____10. Repayment of loans.
The Australian company BHP Billiton is one of the world’s biggest mining companies. Some of the…
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