Cash Flows Flashcards

1
Q

Q

A

A

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2
Q

What items are included in operating activities on the Statement of Cash Flows?

A

Cash received from Customers, Interest & Dividends, Trading Securities Cash paid to Vendors, Suppliers, Interest, Taxes, Trading Securities

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3
Q

What items are included in investing activities on a Statement of Cash Flows?

A

Cash received: Sale of PP&E, Sale of Investments, Loan Principle Cash paid: Loans, Acquisitions, AFS or HTM Securities, Taxes, Trading Securities

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4
Q

What items are included in Financing Activities in a Statement of Cash Flows?

A

Cash received: Issuance of Stock, Issuance of Debt Cash paid: Dividends

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5
Q

What is the direct method for a Statement of Cash Flows?

A

Starts with Income from Continuing Operations Adjusts for changes in accounts like A/R, A/P, Inventory and non-cash revenues, expenses, gains, losses If used, the Indirect Method must also be shown

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6
Q

What is the Indirect Method for a Statement of Cash Flows?

A

Starts with Net Income Adjusts for changes in accounts like A/R, A/P, Inventory and non-cash revenues, expenses, gains, losses

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