33. Use your calculation of Antique Company's current ratio from #32 above. Assume that Historic Corporation, a competitor, had a current ratio of 1.10. Which company has a stronger current ratio? a. Antique Company b. Historic Corporation 34. A company paid principal and interest owed to the bank on a note payable. Where on the statement of cash flows will the principal and interest appear? a. Investing section only b. Financing section only C. Investing and Operating sections d. Financing and Operating sections 35. Cash paid to purchase a piece of equipment is included in which section of the statement of cash flows? a. Investing section b. Financing section C. Assets section d. Operating section 36. Cash paid for dividends paid to shareholders is included in which section of the statement of cash flows? a. Investing section b. Operating section c. Expenses section d. Financing section 37. The ending cash balance on the statement of cash flows must match the cash balance in which other financial statement? a. Income Statement b. Statement of Stockholder's Equity C. Balance Sheet 38. Investors analyzing a company's statement of cash flows would be most concerned with negative cash flows in which of the three sections? a. Investing section b. Operating section C. Financing Section d. Negative cash flows are concerning in all sections of the statement of cash flows. 39. Below are the summarized statements of cash flows for two companies. Based on the information discussed in class, which company has a stronger statement of cash flows? Net cash flows from operating activities Net cash flows from investing activities Net cash flows from financing activities Net change in cash Coffee Corporation 91,500 (9,200) (18,600) $63,700 Tea Corporation 5,900 7,400 52,600 $65,900 a. Coffee Corporation b. Tea Corporation 33. Use your calculation of Antique Company's current ratio from #32 above. Assume that Historic Corporation, a competitor, had a current ratio of 1.10. Which company has a stronger current ratio? a. Antique Company b. Historic Corporation 34. A company paid principal and interest owed to the bank on a note payable. Where on the statement of cash flows will the principal and interest appear? a. Investing section only b. Financing section only C. Investing and Operating sections d. Financing and Operating sections 35. Cash paid to purchase a piece of equipment is included in which section of the statement of cash flows? a. Investing section b. Financing section C. Assets section d. Operating section 36. Cash paid for dividends paid to shareholders is included in which section of the statement of cash flows? a. Investing section b. Operating section c. Expenses section d. Financing section 37. The ending cash balance on the statement of cash flows must match the cash balance in which other financial statement? a. Income Statement b. Statement of Stockholder's Equity C. Balance Sheet 38. Investors analyzing a company's statement of cash flows would be most concerned with negative cash flows in which of the three sections? a. Investing section b. Operating section C. Financing Section d. Negative cash flows are concerning in all sections of the statement of cash flows. 39. Below are the summarized statements of cash flows for two companies. Based on the information discussed in class, which company has a stronger statement of cash flows? Net cash flows from operating activities Net cash flows from investing activities Net cash flows from financing activities Net change in cash Coffee Corporation 91,500 (9,200) (18,600) $63,700 Tea Corporation 5,900 7,400 52,600 $65,900 a. Coffee Corporation b. Tea Corporation