Question 1

A company had average total assets of $1,660,000,total cash flows of $1,320,000,cash flows from operations of $205,000,and cash flows from financing of $750,000.The cash flow on total assets ratio equals:

Accepted Answer

A)  45.2%.
B)  22.0%.
C)  11.65%.
D)  12.3%.
E)  79.5%.F) D) and E)
G) All of the above

Question 2

The direct method separately lists each major item of operating cash receipts and cash payments.

Accepted Answer

A) True 
 B)False

Question 3

In preparing a company's statement of cash flows for the most recent year,the following information is available:  Net cash flows from investing activities for the year were:

Accepted Answer

A)  $234,000 of net cash used.
B)  $120,000 of net cash provided.
C)  $340,000 of net cash used.
D)  $259,000 of net cash used.
E)  $280,000 of net cash provided.F) C) and E)
G) D) and E)

Question 4

Explain how cash flows from investing and financing activities are determined.

Accepted Answer

Cash flows from investing activities are...

Question 5

A machine with a cost of $130,000 and accumulated depreciation of $85,000 is sold for $50,000 cash.The amount that should be reported in the operating activities section reported under the direct method is:

Accepted Answer

A)  $50,000.
B)  $5,000.
C)  $45,000.
D)  Zero.This is an investing activity.
E)  Zero.This is a financing activity.F) C) and D)
G) A) and E)

Question 6

Financing activities include the payment of cash dividends to stockholders.

Accepted Answer

A) True 
 B)False

Question 7

Investing activities do not include the:

Accepted Answer

A)  Purchase of plant assets.
B)  Lending and collecting on notes receivable.
C)  Issuance of common stock.
D)  Sale of plant assets.
E)  Sale of short-term investments other than cash equivalents.F) B) and C)
G) C) and D)

Question 8

The statement of cash flows reports all but which of the following:

Accepted Answer

A)  Cash flows from operating activities.
B)  Cash flows from financing activities.
C)  Cash flows from investing activities.
D)  Significant noncash financing and investing activities.
E)  The financial position of the company at the end of the accounting period.F) All of the above
G) B) and C)

Exam 12: Reporting and Analyzing Cash Flows

Financing activities include the payment of cash dividends to stockholders.

Correct Answer
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A company had average total assets of $1,660,000,total cash flows of $1,320,000,cash flows from operations of $205,000,and cash flows from financing of $750,000.The cash flow on total assets ratio equals:

Correct Answer
verified

The statement of cash flows reports all but which of the following:

Correct Answer
verified

Explain how cash flows from investing and financing activities are determined.

Correct Answer
verified
Cash flows from investing activities are...
View Answer

The direct method separately lists each major item of operating cash receipts and cash payments.

Correct Answer
verified

A machine with a cost of $130,000 and accumulated depreciation of $85,000 is sold for $50,000 cash.The amount that should be reported in the operating activities section reported under the direct method is:

Correct Answer
verified

In preparing a company's statement of cash flows for the most recent year,the following information is available: Net cash flows from investing activities for the year were:

Correct Answer
verified

Investing activities do not include the:

Correct Answer
verified

Exam 12: Reporting and Analyzing Cash Flows

Financing activities include the payment of cash dividends to stockholders.

Correct AnswerverifiedShow Answer

A company had average total assets of $1,660,000,total cash flows of $1,320,000,cash flows from operations of $205,000,and cash flows from financing of $750,000.The cash flow on total assets ratio equals:

Correct AnswerverifiedShow Answer

The statement of cash flows reports all but which of the following:

Correct AnswerverifiedShow Answer

Explain how cash flows from investing and financing activities are determined.

Correct AnswerverifiedCash flows from investing activities are...View AnswerShow Answer

The direct method separately lists each major item of operating cash receipts and cash payments.

Correct AnswerverifiedShow Answer

A machine with a cost of $130,000 and accumulated depreciation of $85,000 is sold for $50,000 cash.The amount that should be reported in the operating activities section reported under the direct method is:

Correct AnswerverifiedShow Answer

In preparing a company's statement of cash flows for the most recent year,the following information is available: Net cash flows from investing activities for the year were:

Correct AnswerverifiedShow Answer

Investing activities do not include the:

Correct AnswerverifiedShow Answer

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Cash flows from investing activities are...
View Answer

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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