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Accounts Receivables Inventory Accounts Payables 20x1 120 540 20x2 578 500 280 300 4. Which of the following information is not shown on the income
Accounts Receivables Inventory Accounts Payables 20x1 120 540 20x2 578 500 280 300 4. Which of the following information is not shown on the income statement? (select all that apply) A. How firms used cash on long-term investments. B. How much firms collected on the accounts receivables C. How much the firm spent on selling, general, and administrative expenses. D. How much cash the firm raised from issuing new equity E. How much cash the firm borrowed from creditors F. How much net earnings were generated over a fiscal year G. How much interests the firm paid on its long-term debt se the following balance sheet information to answer the questions. 2019 2020 Long-term debt 225 140 Common Stock 350 320 5. Does the change in long-term debt indicate cash inflow or outflow to the firm? To the creditors? (respectively) a. Cash outflow; cash inflow b. Cash inflow; cash outflow Does the change in common stock indicate cash inflow or outflow to the firm? To the equityholders? (respectively) a. Cash outflow; cash inflow b. Cash inflow; cash outflow
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