Question
1) Which of the following items below will be subtracted in the financing cash flow portion of the statement of cash flows? Net income earned
1) Which of the following items below will be subtracted in the financing cash flow portion of the statement of cash flows?
Net income earned
Bank loans obtained
Payment of dividends
Disposal of equipment
2) How is the change in cash classified on the statement of cash flows?
It is found in the investing activities section of the statement.
It is found in the operating activities section of the statement.
It is found in the financing activities section of the statement.
It is the sum of the investing, operating, and financing activities sections.
3) Which of the following would be included in cash flows from operating activities?
Cash received from customers
Cash received from an issuance of bonds
Cash dividends paid to stockholders
Cash used for purchases of equipment
4) Cash flows from investing activities include:
changes in Accounts Receivable.
sale of land.
paying principal to lenders.
cash dividends paid.
5)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started