Question
Match the Term with the following statements : List of possible Terms: A: Balance Sheet B: Income Statements C: Depreciation D: Operating Activities E: Cash
Match the Term with the following statements:
List of possible Terms:
A: Balance Sheet
B: Income Statements
C: Depreciation
D: Operating Activities
E: Cash Flow Statements
F: Investing Activities
G: Financing Activities
Match the above Terms to the following Statements:
1: A financial statement that reports a company's assets, liabilities, and shareholder equity at a specific point in time. = ___
2: Shows revenue and expenses, profit and loss, over a period of time. = ___
3: Connects the information from the previous two statements to show how cash has been received and used over the reporting period: = ___
4: This section of the cash flow statement includes cash inflows from sale of goods as well as cash outflows on manufacturing expenses. = ___
5: This section of the cash flow statement includes cash outflows from the purchase of capital assets, as well as inflows from their sales/disposals. = ___
6: This section of the cash flow statement includes cash inflows from the sale of company shares or issuance of debt, as well as the cash outflows from repayment of debt (with interest), share repurchases, and dividend payments. = ___
7: When analyzing cash flows, this expense is added back to net income as there are no cash outflows as a result of it. = ___
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started