Question
Multiple choice 5.3 For Alitalia (the Italian Airline), which of the following is not a cash flow from financing activities? A) Issuing common stock in
Multiple choice 5.3 For Alitalia (the Italian Airline), which of the following is not a cash flow from financing activities? A) Issuing common stock in exchange for cash B) Paying a dividend to Alitalias shareholders C) Repaying amounts borrowed from banks D) Buying shares of its supplier (an oil distributor) Multiple choice 5.4 A company is preparing its Financial Statements at the end of the period. Indicate the total equity to be reported knowing the following information at the end of the period: Common Stock, $20,000 Retained Earnings (from previous periods), $60,000 Net Income (of the period), $20,000 Dividends declared and paid (in the period), $10,000 A) $110,000 B) $100,000 C) $90,000 D) $80,000
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