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FA Chapter 11 quick check

meli ssa 13 preguntas 5,0 (1 valoración)

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Preguntas del test (13)

  1. 1All of the following activities are reported on the statement of cash flows except
    1. Afinancing activities
    2. Boperating activities.
    3. C. investing activities.
    4. Dmarketing activities
  2. 2Activities that create long-term liabilities are usually
    1. A. noncash investing and financing activities.
    2. B. investing activities
    3. C. financing activities.
    4. Doperating activities
  3. 3Activities affecting long-term assets are
    1. A. marketing activities.
    2. B. financing activities.
    3. Cinvesting activities
    4. Dmarketing activities
  4. 4In 20X6, PMW Corporation borrowed $120,000, paid dividends of $35,000, issued 10,000
    shares for $46 per share, purchased land for $250,000, and received dividends of $20,000.
    Net income was $160,000, and depreciation for the year totaled $8,000. How much should
    be reported as net cash provided by operating activities by the indirect method?
    1. A$205,000
    2. B$168,000
    3. C$230,000
    4. D$152,000
  5. 5Activities that obtain the cash needed to launch and sustain a company are
    1. Ainvesting activities
    2. B. financing activities.
    3. Cmarketing activities.
    4. Dincome activities.
  6. 6The exchange of shares for land
    1. Awould be reported as noncash investing and financing activities
    2. Bwould be reported as financing activities.
    3. C. would not be reported on the statement of cash flows
    4. Dwould be reported as investing activities.
  7. 7Under the indirect method, net cash provided by operating activities would beImagen de la pregunta 7
    1. A. $81,000
    2. B$73,000.
    3. C$79,000.
    4. D$57,000.
  8. 8Net cash provided by (used for) investing activities would beImagen de la pregunta 8
    1. A$(1,000).
    2. B$(13,000).
    3. C$1,000
    4. D$13,000.
  9. 9Net cash provided by (used for) financing activities would beImagen de la pregunta 9
    1. A$(14,000).
    2. B$(18,000).
    3. Cc. $14,000.
    4. D$2,000.
  10. 10The cost of landImagen de la pregunta 10
    1. Amust have been $42,000
    2. Bmust have been $57,000.
    3. Cmust have been $27,000.
    4. Dcannot be determined from the data given.

Información

Descripción
Test sobre FA Chapter 11 quick check, creado por meli ssa el 20/02/2019.
Idioma
English
Visitas
141
Valoración
5,0 de 5 · 1 valoración
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