Statement of Cash Flows

Question 1

Cash received from Customers- Interest & Dividends- Trading Securities

Cash paid to Vendors- Suppliers- Interest- Taxes- Trading Securities

Answer 1

Statement of Cash Flows

Question 2

Cash received: Sale of PP&E- Sale of Investments- Loan Principle

Cash paid: Loans- Acquisitions- AFS or HTM Securities- Taxes- Trading Securities

Answer 2

Statement of Cash Flows

Question 3

Cash received: Issuance of Stock- Issuance of Debt

Cash paid: Dividends

Answer 3

Statement of Cash Flows

Question 4

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

Answer 4

Statement of Cash Flows

Question 5

Starts with Net Income

Adjusts for changes in accounts like A/R- A/P- Inventory and non-cash revenues- expenses- gains- losses

Answer 5

Statement of Cash Flows