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6. Which of the following items could appear in the investing activities section of a statement of cash flow? A. Cash receipts from sale of
6. Which of the following items could appear in the investing activities section of a statement of cash flow? A. Cash receipts from sale of equipment. C. Cash proceeds from issuing shares D. Cash repayments of borrowings 7. Which of the following elements represents an economic resource? A. Asset. B. Liability C. Owners' equity. 8. An analyst has projected that a company will have assets of 2,000 at year-end and liabilities of 1,200. The analyst's projection of total owners' equity should be closest to: A. A 800. B. B 2,000. C. C 3,200
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