9. Which is the most important item in a companys statement of cash flows?

a. Positive operating cash flows

b. Positive operating, investing, and financing cash flows

c. Positive operating and investing cash flows

d. Positive operating and financing cash flows

10.Randolph Retail reported the following results during 2017:

Category	Cost
Cash collected from accounts receivable	$56,000
Cash paid to purchase office supplies	2,000
Cash collected from customers for current period sales	98,000
Cash paid for dividends	12,000
Cash paid for inventory acquisitions	87,000
Cash collected from the issuance of common stock	50,000
Cash paid to purchase equipment with a 5-year life	80,000

How much is the companys net cash provided by operating activities?

Group of answer choices

a. $23,000

b. $103,000

c. $65,000

d. $53,000

11. First National Eatery prepares its statement of cash flows using the indirect method. The statement reported that cash provided by operating activities for the year was $7,000. If the company experienced a $14,000 decrease in accounts receivable, a $13,000 decrease in accounts payable, and a $4,000 increase in inventory during the year, how much is the companys net income/(loss) for the year?

Group of answer choices

a. ($3,000)

b. $4,000

c. ($16,000)

d. $2,000