1. In calculating working capital, which of the following accounts will have an impact?

a) Inventory

b) Treasury stock

c) Equipment

d) Bonds payable

2. Cash flows from financing activities do not include...

a) proceeds from issuing bonds

b) payment of dividends

c) proceeds from issuing common stocks

d) receipt of dividends

3. If an investor is analyzing the financial statements of a corporation, in which section of the income statement or balance sheet should they look for cash?

a) asset section

b) other income and other expense section

c) equity section

d) gross profit section