Question
1) If there are any,_______ ______ activities appear after the cash flow activities on the statement of cash flows. ( fill in the blank )
1) If there are any,_______ ______ activities appear after the cash flow activities on the statement of cash flows. ( fill in the blank )
2) Here is selected financial statement data regarding a company's balance sheet.
Common stock 4,300,000 3,400,000
During the year, the company issued an additional $500,000 of common stock.
In the statement of cash flows, the significant non-cash activities section should show a significant non-cash activity for $_______
3) Here is selected financial statement data regarding a company's statement of cash flows.
Net cash provided by operating activities$337,000
Net cash provided by investing activities194,000
Net cash used in financing activities(230,000)
What is the net change in cash for the year? Indicate amount and direction of change (increase or decrease) _______ and $_______
4) Using the indirect method of preparing a statement of cash flows, place the these sections in the order in which they should appear in a statement of cash flows.
Group of answer choices
- Cash flow from investing activities
- supplemental cash flow information
- cash flow from financing activities
- reconciliation of cash
- cash flow from operating activities
- significant non-cash activities
5) Under the indirect method of preparing a statement of cash flows, 2 additional pieces of information are required at the end of the statement. They are:
-cash paid for: ____________
-cash paid for: ________ _________
6)Match the balance sheet accounts with the section on the statement of cash flows under which they should be reconciled.
Current assets (Operating or financing or investing)
Current liabilities (Operating or financing or investing)
Long-term assets(Operating or financing or investing)
Long-term liabilities(Operating or financing or investing)
Stockholders' equity(Operating or financing or investing)
Thank you.
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