31) Cash from financing activities includes ________.
A) all cash receipts and all cash disbursements for long-term business assets
B) all cash receipts and all cash disbursements for loans, contributions from owners, and distributions to owners
C) all cash receipts and cash disbursements for routine sales and purchases made in the course of doing business
D) detailed estimates of the sources of cash and uses of cash
32) Cash from investing activities includes ________.
A) all cash receipts and all cash disbursements for long-term business assets
B) all cash receipts and all cash disbursements for loans, contributions from owners, and distributions to owners
C) all cash receipts and cash disbursements for routine sales and purchases made in the course of doing business
D) detailed estimates of the sources of cash and uses of cash
33) Which of the following statements is true?
A) A company with a positive net income will also have a positive net cash flow.
B) Payment of dividends is a cash outflow for operating activities.
C) Cash paid for dividends is subtracted from net income.
D) Payment of interest is a cash outflow for operating activities.
34) Which of the following statements is true?
A) A company with a net loss will also have a negative net cash flow.
B) Payment of dividends is a cash outflow for financing.
C) Cash paid for accounts payable is added to net income.
D) Purchase of equipment is a cash outflow for operating activities.
35) Which of the following statements is true?
A) Purchase of equipment is a cash outflow for investing activities.
B) Amortization expense is added to cash from financing activities.
C) Cash received from accounts receivable is a cash inflow from financing.
D) Purchase of treasury stock is a cash outflow for operating activities.
36) Which of the following statements is true?
A) Purchase of equipment is a cash outflow for investing activities.
B) Proceeds from the sale of bonds is a cash inflow from investing activities.
C) Cash paid for accounts payable is a cash outflow for financing.
D) Sale of treasury stock is a cash inflow from investing activities.
37) Which of the following will
not
cause cash from operating activities to differ from net income?
A) Dividends
B) Accounts receivable
C) Depreciation
D) Accounts payable
38) Cash from investing activities includes all cash receipts and all cash disbursements for long-term business assets.
39) Cash from financing activities includes all cash receipts and all cash disbursements for long-term business assets.
40) Cash from financing activities includes all cash receipts and all cash disbursements for loan principal, as well as contributions from, and distributions to, owners.