Cash Flow, Accounting

Cash Flow

Question: Non cash charges that are added back to net income in determining cash provided by operation under the indirect method do not include:
A
depreciation expense.

B
an increase in inventory.

C
amortization expense.

D
loss on sale of equipment.

Note: Not available
1. Report
Question: The beginning balance in accounts receivable is $44,000. The ending balance is $42,000. Sales during the period are $129,000. Cash receipts from customers are:
A
$129,000

B
$127,000

C
131,000

D
$141,000

Note: Not available
1. Report
Question: Which of the following items on a cash flow statements prepared by the direct method?
A
Loss on sale of building.

B
Increase in accounts receivable.

C
Depreciation expense.

D
Cash payments to suppliers.

Note: Not available
1. Report
Question: The statement of cash flow should not be used to evaluate an entity's ability to:
A
earn net income.

B
generate future cash flow.

C
pay dividends.

D
meet obligations.

Note: Not available
1. Report
Question: In a work sheet for the statement of cash flows, a decrease in accounts receivable is entered in the reconciling columns as a credit to Accounts Receivable and a debit in the:
A
investing activities section.

B
operating activities section.

C
financing activities section.

D
None.

Note: Not available
1. Report

Question: Non cash charges that are added back to net income in determining cash provided by operation under the indirect method do not include: