Question
The operating activities section of the Cash Flow statement is related to which sections of the Balance Sheet? a.Current assets and current liabilities b.Long-term assets
The operating activities section of the Cash Flow statement is related to which sections of the Balance Sheet?
a.Current assets and current liabilities
b.Long-term assets
c.Equity and liabilities
d.Equity and long-term liabilities
Which section of the Cash Flow Statement would include dividend payments?
a. Operating activities
b. Investing activities
c. Financing activities
d. Dividend payments are not shown on the Cash Flow Statement.
Which section of the Cash Flow Statement would include losses on the sale of furniture?
a. Operating activities
b. Investing activities
c. Financing activities
d. Losses are not shown on the Cash Flow Statement.
Which of the following would be shown as a deduction under operating activities on the Cash Flow Statement?
a. Depreciation expense
b. Increase in accounts payable
c. Increase in inventory
d. Decrease in accounts receivable
Which of the following would be shown as a deduction under financing activities on the Cash Flow Statement?
a. Issuance of long-term debt
b. Repayment of long-term debt
c Issuance of common stock
d. Payment of interest
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