The information in a statement of cash flows enables stakeholders to assess the

Fables Corp. provided the following information for calendar 2020: Fables adheres to ASPE.

Question 1 The information in a statement of cash flows enables stakeholders to assess the O liquidity and solvency of an entity. change in working capital during the period. O reason(s) for the difference between net income and cash flows from financing activities. amounts, timing and certainty of future cash flows. Question 5 Fables Corp. provided the following information for calendar 2020: Fables adheres to ASPE. Proceeds from issuing bonds... $300,000 Purchase of inventories..... 570,000 Purchase of treasury shares... 90,000 Purchase of long-term investment... 420,000 Dividends paid to preferred shareholders....... 60,000 Proceeds from issuing preferred shares......... 240,000 Proceeds from sale of equipment......... 60,000 The cash provided by financing activities during 2020 is $390,000. $480,000. $330,000. O $540,000