Year ending December 31 Cash flow from operations Cash flow from investing Cash flow from financing Net change in cash Cash, beginning of year Cash, end of year Profit for the year 2021 2020 2019 5,000 20,000 40,000 25,000 10,000 -5,000 35,000 -5,000 -25,000 65,000 25,000 10,000 167,000 142,000 132,000 232,000 167,000 142,000 1,000 15,000 35,000 Cash flow from investing activities has become positive in 2021. Which of the following transactions can cause investing cash flow to increase? a) receiving contributions from owners b) borrowing from the bank c) lower dividends d) disposal of long-lived assets e) lower depreciation expense f) purchasing long-lived assets Which type of financial ratio tells you how well a company can cover its current liabilities? a) profitability b) solvency c)profitability and efficiency d) liquidity e) efficiency Which of the following is a liquidity ratio? a) debt-to-equity ratio b) current ratio c) days' sales in accounts receivable d) debt-to-total-assets ratio e) gross profit ratio