Cash Flows

Question 1                                                                                                                          0.2 out of 0.2 points

 

Which of the following would be included in the operating activity section of the Statement of Cash Flows? (Select all that apply.)

 

Question 2                                                                                                                                          0 out of 0.2 points

 

The income statement reports the ______.

 

 

 

Question 3                                                                                                                          0.2 out of 0.2 points

 

 

 

If a company’s total assets equals $80,000 and its stockholders’ equity equals $20,000, how much are the creditors’ claims to the company’s assets?

 

Question 4                                                                                                                                          0 out of 0.2 points

 

 Classify the Balance Sheet accounts listed below as an Asset, Liability, or Shareholders’ Equity.

 

 

 

Question 5                                                                                                                                          0 out of 0.2 points

 

 

 

Which of the following are possible effects on the accounting equation when recording a transaction that increases an asset by $100? (Select all that apply.)

 

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Cash Flows was first posted on September 21, 2019 at 11:39 am.
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