Take Details
Assignment score:
40%
Total Time spent:
17 minutes, 54 seconds
Score for selected take:
40% (4/10)
Time spent on selected take:
1.
Your answer:
Multiple Choice 15-1
Cash inflows from operating activities come from
a. payment for raw materials.
b. gains on the sale of operating equipment.
c. collection of sales revenues.
d. issuing capital stock.
e. issuing bonds.
2.
Your answer:
Multiple Choice 15-2
Cash outflows from operating activities come from
a. collection of sales revenues.
b. payment for operating costs.
c. acquisition of operating equipment.
d. retirement of bonds.
e. None of these.
3.
Your answer:
Multiple Choice 15-3
Raising cash by issuing capital stock is an example of
a. a financing activity.
b. an investing activity.
c. an operating activity.
d. a noncash transaction.
e. None of these.
4.
Your answer:
Multiple Choice 15-4
Sources of cash include
a. profitable operations.
b. the issuance of long-term debt.
c. the sale of long-term assets.
d. the issuance of capital stock.
e. All of these.
5.
Your answer:
Multiple Choice 15-5
Uses of cash include
a. cash dividends.
b. the sale of old equipment.
c. the purchase of long-term assets.
d. both "cash dividends" and "the sale of old equipment".
e. both "cash dividends" and "the purchase of long-term assets".
6.
Your answer:
Multiple Choice 15-6
The difference between the beginning and ending cash balances shown on the balance sheet
a. is added to net income to obtain total cash inflows.
b. serves as a control figure for the statement of cash flows.
c. is deducted from net income to obtain net cash inflows.
d. is the source of all investing and financing activities.
e. is both "deducted from net income to obtain net cash inflows" and "the source of all investing and