1. Cash activities are classified into all but one of the following categories:

Revenue activities

Financing activites

Investing activities

2.Which of the following activities is included in financing activities:

Paying suppliers

Issuing bonds and botes payable

Collecting accounts receivable

3.If a company reports a net loss in its income statement,it

may still have a net increase in cash

will not be able to make a capital expenditure

will not be able to get a loan

4.Brad Pitt has invested 500,000 in a corporation.The corporation does not do well and declares bankruptcy.What amount does Brad stand to lose?