1, A change in cash can be accounted for by changes in

Multiple Choice

• liabilities.
• noncash assets.
• all of the choices are correct.
• shareholder's equity.

2, Current earnings:

Multiple Choice

• can predict share prices, but not future dividends.
• cannot predict future dividends or share prices.
• can predict future dividends and share prices.
• can predict future dividends, but not share prices.

3, Cash flows from investing includes everything, except, the

Multiple Choice

• purchase of property, plant and equipment.
• disposal of property, plant and equipment.
• receiving dividends and interest.
• sale of property, plant and equipment.