Finance And Accounting

Question: Paying cash to retire preferred stock 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: When preparing cash flow statements, the practice of presenting cash from operations by listing all cash-generating revenues followed by all cash expenses is called the ______________.
A
direct method

B
operations method

C
indirect method

D
funds method

Note: Not available
1. Report
Question: In determining cash flow from operations, which of the following would be added to net income?
A
Increased accounts receivable

B
Increased merchandise inventory

C
Increased accounts payable

D
Decreased notes payable to suppliers

Note: Not available
1. Report
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 net change in cash for 2007 was ______________.
A
($105,000)

B
$10,000

C
$215,000

D
($165,000)

Note: Not available
1. Report
Question: Which of the following would NOT be shown in the investing section of a cash flow statement?
A
Acquisition of equipment

B
Acquisition of a building

C
Proceeds from sale of equipment

D
All of these are shown in the investing section of a cash flow statement

Note: Not available
1. Report
Question: Treasury stock sold for an amount greater than its repurchase price 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 transactions would be shown as a cash flow from financing?
A
Cash paid for investments acquisition

B
Cash received from sale of property, plant, and equipment

C
Cash received from customers

D
Cash paid for dividends

Note: Not available
1. Report
Question: Acquisition of treasury stock would be shown _____________________.
A
as an adjustment to net income for the difference in price paid versus the original issue price

B
in the financing section

C
in the investing section

D
None of these

Note: Not available
1. Report
Question: Which of the following statements expresses the objective of a cash flow statement?
A
To report the amount of cash flow from a firm's operating activities

B
To report the principal inflows and outflows of cash from investing activities

C
To report the principal inflows and outflows of cash from financing activities

D
All of these

Note: Not available
1. Report
Question: New equipment purchased by issuing a long-term note payable 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

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Question: Paying cash to retire preferred stock will cause cash to ______________ .

Question: When preparing cash flow statements, the practice of presenting cash from operations by listing all cash-generating revenues followed by all cash expenses is called the ______________.

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

Question: Which of the following would NOT be shown in the investing section of a cash flow statement?

Question: Treasury stock sold for an amount greater than its repurchase price would appear in which of the following sections of the cash flow statement?

Question: Which of the following transactions would be shown as a cash flow from financing?

Question: Acquisition of treasury stock would be shown _____________________.

Question: Which of the following statements expresses the objective of a cash flow statement?

Question: New equipment purchased by issuing a long-term note payable would appear in which of the following sections of the cash flow statement?