Question
1. Each of the following results in a decrease in operating cash as reported on the cash flow statement EXCEPT: a) Increase in Accounts Receivable
1. Each of the following results in a decrease in operating cash as reported on the cash flow statement EXCEPT:
a) Increase in Accounts Receivable
b) Increase in Prepaid Expense
c) Decrease in Wages Payable
d) Increase in Deferred Revenues
e) All of the above result in a decrease in reported operating cash.
2. Which of the following results in an increase in cash from investing activities:
a) Purchase of fixed assets
b) Sale of fixed assets
c) Purchase of marketable securities
d) Sale of marketable securities
3. Which of the following is not considered cash flows from investing:
a) Purchase of fixed assets
b) Sale of fixed assets
c) Purchase of marketable securities
d) Sale of marketable securities
e) Grant receipts
f) b) and d)
g) b), d), and e)
plz help!
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