Accounting Skills (Cash Flow), Finance And Accounting

Question: In 2007, XYZ Company had a net loss of $160,000 and reported the following: Dividends paid: $40,000 Depreciation expense: $30,000 Increase in accounts payable: $15,000 Issuance of stock: $100,000 Retirement of debt: $50,000 Given this data, the amount of cash flow from operations was ______________.
A
($115,000)

B
$205,000

C
($75,000)

D
$65,000

Note: Not available
1. Report
Question: Equity in the undistributed earnings of a recognized affiliate would appear in which of the following sections of the cash flow statement?
A
Operating section

B
Investing section

C
Financing section

D
It would not appear on the statement.

Note: Not available
1. Report
Question: Dividends paid for the year would appear in which of the following sections of the cash flow statement?
A
Operating section

B
nvesting section

C
It would not appear on the statement.

D
Financing section

Note: Not available
1. Report
Question: Equity income from an affiliate would be shown _____________________.
A
as an add-back to net income in the operations section

B
as a deduction from net income in the operations section

C
in the investing section

D
None of these

Note: Not available
1. Report
Question: Issuing ten-year bonds will cause cash to ______________ .
A
increase

B
decrease

C
show no change

D
The effect on cash cannot be determined based on given information.

Note: Not available
1. Report
Question: A cash flow statement is typically prepared _____________________.
A
before the balance sheet is prepared

B
after the balance sheet is prepared but before the income statement is prepared

C
after the income statement is prepared but before the balance sheet is prepared

D
after both the balance sheet and the income statement are prepared

Note: Not available
1. Report
Question: Which of the following would be shown in the investing section of a cash flow statement?
A
Retirement of long-term debt

B
Retirement of preferred stock

C
Acquisition of treasury stock

D
None of these

Note: Not available
1. Report
Question: The sale of equipment for cash with a recognized loss would appear in which of the following sections of the cash flow statement?
A
Operating section

B
Investing section

C
Financing section

D
It would not appear on the statement.

Note: Not available
1. Report
Question: An increase in the accounts payable balance would appear in which of the following sections of the cash flow statement?
A
Operating section

B
Investing section

C
Financing section

D
It would not appear on the statement

Note: Not available
1. Report
Question: Pre-paying a one-year insurance policy will cause cash to ______________ .
A
increase

B
decrease

C
show no change

D
The effect on cash cannot be determined based on given information.

Note: Not available
1. Report

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Question: Equity in the undistributed earnings of a recognized affiliate would appear in which of the following sections of the cash flow statement?

Question: Dividends paid for the year would appear in which of the following sections of the cash flow statement?

Question: Equity income from an affiliate would be shown _____________________.

Question: Issuing ten-year bonds will cause cash to ______________ .

Question: A cash flow statement is typically prepared _____________________.

Question: Which of the following would be shown in the investing section of a cash flow statement?

Question: The sale of equipment for cash with a recognized loss would appear in which of the following sections of the cash flow statement?

Question: An increase in the accounts payable balance would appear in which of the following sections of the cash flow statement?

Question: Pre-paying a one-year insurance policy will cause cash to ______________ .