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Which of the following is not an account on the financial statements? Multiple Choice Service Revenue Cash Salaries Expense Net income Chow Company eamed $5,500
Which of the following is not an account on the financial statements? Multiple Choice Service Revenue Cash Salaries Expense Net income Chow Company eamed $5,500 of cash revenue, paid $3,000 for cash expenses, and paid a $1,200 cash dividend to its stockholders. Which of the following statements is true? Mutiple Choice The net cash inflow from operating activities was $2.500 The net cash outflow for investing activities was $1.300 The net cash outflow for investing activities was $1,200 The net cash inflow from operating activities was $1.300 Yowell Company began operations on January 1, Year 1. During Year 1, the company engaged in the following cash transactions: 1) Issued stock for $42,000 2) borrowed $26,000 from its bank 3) provided consulting services for $41,000 cash 4) paid back $16,000 of the bank loan 5) paid rent expense for $9,500 6) purchased equipment for $13,000 cash 7) paid $3,100 dividends to stockholders 8) paid employees' salaries of $22,000 What is Yowell's net cash flow from operating activities? Multiple Choice Inflow of $9.500 Inflow of $6,400 Jackson Company had a net increase in cash from operating activities of $10,000 and a net decrease in cash from financing activities of $3,550. If the beginning and ending cash balances for the company were $4,700 and $10,400, respectively, what is the net cash change from investing activities? Multiple Choice An inflow or increase of $750 An outflow or decrease of $750 Zero An inflow or increase of $3.550
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