Question
Tell me how you know these are the answers and i'll award you best answer. Don't just put random answers . The main categories of
Tell me how you know these are the answers and i'll award you best answer. Don't just put random answers
.
The main categories of cash flow activites are
A, Direct and indirect
B. Operating, investing, and financing
C. Noncash investing and financing
D. Current and long-term
______________________________________________
The purpose of the cash flow statement is to
A. Predict future cash flows
B. Evaluate management decisions
C. Determine the ability to pay liabilities and dividends
D. All of the above
______________________________________________
Financing activities are most closely related to
A. Current assets and current liabilities
B. Long-term assets
C. Long-term liabilities and stockholders' equity
D. Net income
______________________________________________
Which item does not appear on a statement of cash flows prepared by the indirect method?
A. Collections from customers
B. Net income
C. Depreciation
D. Gain on sale of land
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