Question 4

Given the following choices, indicate the location of the item on ABCs Statement of Cash Flows.

Dividends Paid:

Select one:

a. Operations Section

b. Investments Section

c. Financing Section

d. Footnote Disclosure

e. Not included in the Statement or its footnotes

Question 5

Given the following choices, indicate the location of the item on the ABC Company Statement of Cash Flows.

Loss of Sale of Machine:

Select one:

a. Operations Section

b. Investments Section

c. Financing Section

d. Footnote Disclosure

e. Not included in the Statement or its footnotes

Question 6

Given the following information for the Pieper Company Statement of Cash Flows.

Net Income 30

Unearned Revenue decrease 2

Common Stock issued 30

Sale of XYZ Bonds 3

Depreciation Expense 7

Bonds issued 24

Cash received from sale of Equipment 20

Loss on sale of Equipment 4

Cash dividends paid 6

Net Cash Flows from Operations is:

Select one:

a. $35

b. $13

c. $43

d. $9

e. $39