Exam 21: Statement of Cash Flows

A statement of cash flows would disclose the effect of which of the following transactions?

How would the issuance of Common Stock affect the statement of cash flows financing section-indirect method?

Buying stocks of other companies for cash would result in:

Cash generated from operating activities may be computed by using:

For each of the following items, indicate (by placing an X) whether the item would be found on the statement of cash flows in column 1, the direct approach for determining the cash flows from operating activities, column 2, the indirect approach for determining the cash flows from operating activities, column 3, cash flows from investing activities, column 4, cash flows from financing activities. If you identify that an item affects the cash flows from operation, indirect method, also indicate whether it will be increasing (+) or decreasing (-) the cash flows. -

Which of the following adjustments would be in error if made to net income when computing cash from operations using the indirect method?

The statement of cash flows provides information about all of the following except:

Which of the following is reported in the statement of cash flows?

For each of the following items, indicate (by placing an X) whether the item would be found on the statement of cash flows in column 1, the direct approach for determining the cash flows from operating activities, column 2, the indirect approach for determining the cash flows from operating activities, column 3, cash flows from investing activities, column 4, cash flows from financing activities. If you identify that an item affects the cash flows from operation, indirect method, also indicate whether it will be increasing (+) or decreasing (-) the cash flows. -

Under the direct method of the statement of cash flows, a sale of merchandise inventory for cash is a(n):

Of the following, which has a positive effect on the computation of cash flow from operations using the indirect method?

For each of the following items, indicate (by placing an X) whether the item would be found on the statement of cash flows in column 1, the direct approach for determining the cash flows from operating activities, column 2, the indirect approach for determining the cash flows from operating activities, column 3, cash flows from investing activities, column 4, cash flows from financing activities. If you identify that an item affects the cash flows from operation, indirect method, also indicate whether it will be increasing (+) or decreasing (-) the cash flows. -

Under the indirect method, if there is an Accounts Receivable decrease of $300,000, this would be subtracted from Sales.

If $700,000 of a company's own stock is sold, it is shown in the financing activities section.

If $40,000 was generated from operations, $9,000 was used for investing activities, and $4,000 was provided by financing activities, the cash balance would:

A decrease to Merchandise Inventory results in what condition?

Which of the following is considered a cash outflow?

Carolina Company sold a machine for $14,000 cash, which had an original cost of $30,000 and accumulated depreciation of $6,000. The amount of cash provided by this sale is:

If $97,000 net cash was provided by operations, $33,000 was used for investing activities, and $15,400 was provided by financing activities, the cash balance would: