ACC 557 TUTOR Learn by Doing/acc557tutor.com ACC 557 TUTOR Learn by Doing/acc557tutor.com | Page 88
Determine the cash provided by operations
Determine cash from financing and investing activities
12Multiple Choice Question 44
If a company reports a net loss, it
will not be able to pay cash dividends.
may still have a net increase in cash.
will not be able to get a loan.
will not be able to make capital expenditures.
13Multiple Choice Question 108
In Flagg Company, net income is $280,000. If accounts receivable
increa sed $145,000 and accounts payable decreased $50,000, net cash
provided by operating activities using the indirect method is:
$475,000.
$185,000.
$85,000.
$375,000.
14Multiple Choice Question 56
The category that is generally considered to be the best measure of a
company’s ability to continue as a going concern is