Question
1.A business's cash receipts and cash payments for a specific period are reported on a(n) a. cash reconciliation statement b. statement of cash flows c.
1.A business's cash receipts and cash payments for a specific period are reported on a(n)
a. cash reconciliation statement
b. statement of cash flows
c. income statement
d. balance sheet
2.The statement of cash flow helps users_?
a. predict future net income
b. evaluate the company's earnings per share
c. predict the growth of a company's assets
d. evaluate management decisions
3.The contribution of equipment by stockholder in exchange for common stocks is an example of
a. operating activity
b. investing activity
c. non-cash investing and financing activity
d. financing activity
4. These items appear on a statement of cash flow indicate if they are operating, investing, or financing activities.
a. Financing
b. Financing
c. Operating
d. Investing
-cash payment of dividends
-cash received from a bank loan
-cash payment of salaries
-cash paid for purchases of land
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