11) The statement of cash flows cannot help address questions such as:

A. How is the increase in investments financed

B. What is the source of cash for new plant assets

C. How much cash is generated from or used in operations

D. How much of the company's revenues have been retained as profit

E. Why is cash flow from operations different from income

12) When using indirect method to calculate and report net cash provided or used by operating activities, which of the following is subtracted from net income?

A. Decrease in income taxes payable.

B. Depreciation expense

C. Amortization of intangible assets

D. Bad debs expense

E. Decrease in merchandise investory

13) A company had net cash flows from operationgs of 341,000 net income of 286,000 and average total assets of 1,850,000. The cash flow on total assets ratio equals:

A. 83.9

B 542.5

C. 15.5

D. 18.4

E. 646.9

14.) A company's income statement showed the following: net income 124,000 and depreciation expense, 30,000. An examination of the company's current assets and current liabilities showed the following changes: accounts receivable decreased 9,400; merchandise inventory increased 18,000 and accounts payable increased 3,400. Calcualate the net cash provided or used by operating activities.

A. 118,000

B. 159,200

C. 123,200

D. 148,800

E. 178,000

15) Atom Corporation paid cash dividends totaling 75,000 during its most recent fiscal year.. How should this information be reported on Atom's statement of cash flows?

A. In operating activities as a source of funds.

B In investing activities as a source of funds.

C. In investing activities as a use of funds.

D. In financing activities as a source of funds

E. In financing activities as a use of funds.