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1. The balance of cash reported in the balance sheet this year minus the balance

ID: 2523304 • Letter: 1

Question

1. The balance of cash reported in the balance sheet this year minus the balance of cash reported in the balance sheet last year equals A. Net cash flows from operating activities only B. Net income C. Net cash flows from operating, investing, and financing activities D. Net cash flows from financing activities only Dividends received from an investment is classified as a(an) dividends on stock issued is classified as a(an)_ Flows. , cash flow, and paying flow on the Statement of Cash 2. A. Operating: Operating B. Operating; Financing C. Financing: Operating D. Investing; Financing Arrow Printers paid $2,000 interest on short-term notes payable, $10,000 interest on long-term bonds, and $6,000 in dividends on its common stock. Arrow would report cash outflows from activities, as follows: 3. A. Operating, $2,000; Financing $16,000. B. Operating, $0; Financing $18,000. C. Operating, $12,000; Financing $6,000. D. Operating, $18,000; Financing $0

Explanation / Answer

Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars Q1 c net cash flow from operating, investing and financing activity Q2 D Investing and financing Q3 C operating 12,000 , Financing $6,000 Q4 a addition to net income in operating activities section Q5 a subtract depreciation expense Q6 A gain on sale of building