Question
1.The free cash flow calculation tells us -the amount by which cash changed during the period. -the difference between cash flows from investing activities and
1.The free cash flow calculation tells us
-the amount by which cash changed during the period.
-the difference between cash flows from investing activities and cash flows from financing activities.
-the cash provided by the operating activities of a business.
-how much cash is left over after a business uses cash for important transactions such as the purchase of equipment or payment of dividends.
2. On February 1, Mini Company purchased 1,000 shares (2% ownership) of Win Company common stock for $30 per share. The shares are classified as a short-term investment. On March 20, Mini Company sold 200 shares of Win stock for $5,800. Mini received a dividend of $1 per share on April 25. The fair value of the remaining stock is $26,400 on June 30. The entry to record the receipt of the dividend on April 25 would include a credit to
-Stock Investment for $1,000.
-Cash for $800.
-Dividend Revenue for $1,000.
-Dividend Revenue for $800.
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