Which of the following is true for the statement of cash flows ?

"Cash Is King" for all businesses You can determine a company's cash situation by analyzing the cash flow statement. The cash flow statement also helps determine whether the company (1) is generating enough cash from its operations to make new investments and pay dividends or (2) will need to generate cash by issuing new debt or selling its assets Which of the following is true for the statement of cash flows? O It reflects revenues when earned. O It reflects cash generated and used during the reporting period. Three categories of activities (operating, investing, and financing) generate or use the cash flow in a company. In the following table, identify which type of activity is described by each statement. Operating Activity Investing Activity Financing Activity A company reports a 10% increase in its accounts payable from the last month Yum Brands distributes dividends to its common stockholders for the first time. O o D and W Co. sells its last season's inventory to a discount store. A company buys some common stock in its supplier's form with its extra cash. Global Satellite Corp. reported net sales of $550 million last year and generated a net income of $121.00 million. Last year's accounts receivable increased by $23 million. What is the maximum amount of cash that Global Satellite Corp, received from sales last year? $395.25 million O $527.00 million O $263.50 million O $144.00 million