Cash flow Statement Multiple choice

Question 1 (1 point) Cash Return on Sales is a ratio that indicates how quickly sales are turned into cash. True False Question 2 (1 point) Choose the option that bests completes the statement using the cash flow statement provided on paper. The amortization amount for last year was added back as it was... not part of net income. a non-cash event. O a cash event. negative. Question 3 (1 point) Saved Which of the following is a necessary step in preparing a Cash Flow statement. Comparing cash from the previous year to net income from the previous two years. Comparing any bonds sold to net income from the previous two years. Comparing any land sold from the previous year to net income from the previous two years. List net income if you are using the indirect method. Question 4 (1 point) Choose the option that bests completes the statement using the cash flow statement provided on paper. The majority of positive cash flow for this organization in the previous year came from... investing activities. operations activities. Question 5 (1 point) Choose the option that bests completes the statement using the cash flow statement provided on paper. The organization sold land... for a profit. at a loss. and it was a non-cash event. and it was a financing activity. Question 6 (1 point) Cash Flow from operations will always equal Net Income from operations. True False Question 7/1 nominal