Finance And Accounting

Question: When determining cash flow from operations, which of the following would NOT be deducted from net income?
A
Gain on sale of a building

B
Gain on sale of equipment

C
Gain on sale of marketable securities

D
All of these

Note: Not available
1. Report
Question: An investment in the stock of another company 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: Which of the following typically happens during the maturation phase of a product's life cycle?
A
Cash outflow exceeds cash inflow from operations.

B
Cash outflow exceeds cash inflow from investing activities.

C
Cash inflow exceeds cash outflow from financing activities.

D
All of these

Note: Not available
1. Report
Question: Paying previously declared dividends 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: Treasury stock purchased for cash 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: The use of a bond sinking fund to retire a long-term debt at maturity 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: When determining cash flow from operations, which of the following would be added back to net income?
A
Depreciation expense

B
Amortization of patent

C
Loss on sale of marketable securities

D
All of these

Note: Not available
1. Report
Question: XYZ reported balances in the Accumulated Depreciation account of $130,000 on 01/01/07 and $120,000 on 12/31/07. During 2007, an asset costing $100,000 (with an accumulated depreciation of $80,000) was sold for $20,000. Given this data, the depreciation expense for 2007 was _____________.
A
$10,000

B
$90,000

C
$110,000

D
$70,000

Note: Not available
1. Report
Question: A payment made from accounts payable 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: Cash paid for land would be shown as ________________.
A
cash flow from operations

B
cash flow from investing

C
cash flow from financing

D
a non-cash transaction

Note: Not available
1. Report

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Question: When determining cash flow from operations, which of the following would NOT be deducted from net income?

Question: An investment in the stock of another company would appear in which of the following sections of the cash flow statement?

Question: Which of the following typically happens during the maturation phase of a product's life cycle?

Question: Paying previously declared dividends will cause cash to ______________ .

Question: Treasury stock purchased for cash would appear in which of the following sections of the cash flow statement?

Question: The use of a bond sinking fund to retire a long-term debt at maturity would appear in which of the following sections of the cash flow statement?

Question: When determining cash flow from operations, which of the following would be added back to net income?

Question: XYZ reported balances in the Accumulated Depreciation account of $130,000 on 01/01/07 and $120,000 on 12/31/07. During 2007, an asset costing $100,000 (with an accumulated depreciation of $80,000) was sold for $20,000. Given this data, the depreciation expense for 2007 was _____________.

Question: A payment made from accounts payable will cause cash to ______________ .

Question: Cash paid for land would be shown as ________________.