Statement Of Cash Flows

Question 1

Loan interest & cash dividends received are

Answer 1

Operating activity

Question 2

Equity financing activities include

Answer 2

Issuing common and treasury stock, cash dividends paid

Question 3

Investing LIP

Answer 3

Loans, Investments in stock or other companies; intangibles, PPE

Question 4

Investing securities are

Answer 4

AFS & HTM

Question 5

Major repairs

Answer 5

Investing

Question 6

Ordinary repairs

Answer 6

Operating

Question 7

Loaning to others

Answer 7

Investing

Question 8

Financing a loan

Answer 8

Financing

Question 9

Statement of cash flows

Answer 9

Explains cash change from balance sheet accounts

Question 10

Operating activities are from

Answer 10

Production. Sales inventory, a/r, prepaids, current liabilities

Question 11

Financing activity is

Answer 11

Issuing or paying debt and equity

Question 12

Loss on land is

Answer 12

Added to net income in operating

Question 13

Increase an operating liability is

Answer 13

Added to net income

Question 14

Decrease in operating liability is

Answer 14

Subtracted from net income

Question 15

Decrease in operating asset is

Answer 15

Added to net income

Question 16

Increase in operating asset is

Answer 16

Subtracted from net income

Question 17

Cash flows per share are

Answer 17

Not reported

Question 18

Operating inflows include

Answer 18

Payments from customer, dividends, interest, disposal of securities

Question 19

Outflows of operating include

Answer 19

Payments to suppliers, interest paid, income tax paid, buying securities, SG&A expense

Question 20

Deferred tax expense is

Answer 20

Operating activity

Question 21

Major repairs to plant or equipment

Answer 21

Investing activity

Question 22

Proceeds from a corporate life insurance policy

Answer 22

Investing activity

Question 23

Acquisition and disposal of a long term asset (PP&E, intangibles, AFS & HTM securities)

Answer 23

Investing activity

Question 24

Collection of principal on loans made by entity

Answer 24

Investing activity

Question 25

In the operating section, a decrease in an asset

Answer 25

Is added back to net income

Question 26

In the operating section, an increase in a liability is

Answer 26

Added to net income

Question 27

In the operating section, a decrease in a liability is

Answer 27

Subtracted from net income

Question 28

In the operating section, an increase to an asset is

Answer 28

Subtracted from net income

Question 29

Cash equivalents are

Answer 29

Not reported

Question 30

A cash gain on sale of equipment is reported as

Answer 30

An operating deduction from net income

Question 31

Issue common or preferred stock

Answer 31

Financing activity

Question 32

Treasury stock transactions

Answer 32

Financing activity

Question 33

Non cash dividends payments

Answer 33

Financing activity

Question 34

Borrrowing or repaying principal payments

Answer 34

Financing activity

Question 35

Unamortized bond discounts

Answer 35

Operating section

Question 36

Sale of treasury stock

Answer 36

Financing inflow

Question 37

Non cash dividends paid

Answer 37

Financing outflow

Question 38

Amortization of bonds

Answer 38

Operating

Question 39

Cash paid for retirement if bonds payable

Answer 39

Financing outflow

Question 40

Cash proceeds from sale of treasury stock

Answer 40

Financing inflow

Question 41

Cash dividend paid

Answer 41

Financing outflow

Question 42

Gain on retirement of bonds payable

Answer 42

Operating

Question 43

Decrease in fixed assets is

Answer 43

Investing

Question 44

Capital expenditures is

Answer 44

Investing

Question 45

Issuance of company bonds is

Answer 45

A financing inflow

Question 46

Conversion of what should be reported in supplementary info

Answer 46

Debt to equity

Question 47

Bonds payable issued

Answer 47

Financing activity

Question 48

Decrease asset & increase liability

Answer 48

Add to net income

Question 49

Increase asset & decrease liability

Answer 49

Subtract from net income