ACC 556 Chapter 10 Quiz ( 100 % Score ) For more course tutorials visit www . tutorialrank . com
II . Purchased new equipment for $ 5,000 by signing a long-term note payable .
III . Purchased a patent and paid $ 15,000 cash for the asset .
How what is the total effect of these transactions on Free Cash Flow , Current Cash Debt Coverage , and Cash Debt Coverage respectively ?
Debt
Free Current Cash Debt Cash
Cash Flow Coverage
Coverage
Question 19
All of the following statements are true regarding cash flow presentations except
Question 20
For each of the following items , indicate by using the appropriate code letter , how the item should be reported in the statement of cash flows , using the indirect method .
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ACC 556 Chapter 10 Quiz ( 100 % Score ) For more course tutorials visit www . tutorialrank . com
Chapter 10 Quiz