WGU C213 ACCOUNTING FOR DECISION
MAKERS PVAC EXAM WITH CORRECT
ACTUAL QUESTIONS AND CORRECTLY
WELL DEFINED ANSWERS LATEST 2025
ALREADY GRADED A+
Which of the following statements is true regarding retained earnings?
Increasing revenues will increase retained earnings
Increasing expenses will decrease retained earnings
Increasing dividends will decrease retained earnings
All of the statements are true - ANSWERS-
is/are not considered to be an expense of doing business.
Wages
Cash dividends
Buying Landscaping Supplies
None are considered to be an expenses of doing business - ANSWERS-
,Ojeda Corporation had the following cash flows during 2012. The company uses
the direct method of preparing a statement of cash flows.
Cash receipt from the issuance of stock
$20,000
Cash received from customers
9,000
Dividends received on long-term investments
4,000
Cash paid for wages
7,000
Cash paid for insurance
500
Cash paid for dividends
3,000
Cash paid to purchase building
30,000
Loan made to another company
10,000
Given this information, net cash inflow (outflow) from operating activities is
,$8,500
$5,500
$15,000
$3,500 - ANSWERS-Answer: $5,500
Net cash inflow from operating activities: $9,000 + $4,000 - $7,000 - $500 =
$5,500. Cash, dividens recieved, wages, paid insurance,
Chen Corporation had the following cash flows during 2012. The company uses
the direct method of preparing a statement of cash flows.
Cash receipt from the issuance of stock
$80,000
Cash received from customers
40,000
Dividends received on long-term investments
20,000
Cash paid for wages
24,000
Cash paid for insurance
2,000
Cash paid for dividends
12,000
Cash paid to purchase building
, 120,000
Loan made to another company
40,000
Given the information above, net cash inflow (outflow) from financing activities
is
Given the information above, net cash inflow (outflow) from financing activities
is
$68,000
($12,000)
($52,000)
$80,000 - ANSWERS-Answer: $68,000
Cash inflow from financing activities: $80,000 - $12,000 = $68,000 Cash from
issuance of stock, cash paid for dividends,
balance sheet - ANSWERS-A financial statement that reports assets, liabilities,
and owner's equity on a specific date.
Retained Earnings Statement - ANSWERS-A financial statement that summarizes
the changes in retained earnings for a specific period of time.
MAKERS PVAC EXAM WITH CORRECT
ACTUAL QUESTIONS AND CORRECTLY
WELL DEFINED ANSWERS LATEST 2025
ALREADY GRADED A+
Which of the following statements is true regarding retained earnings?
Increasing revenues will increase retained earnings
Increasing expenses will decrease retained earnings
Increasing dividends will decrease retained earnings
All of the statements are true - ANSWERS-
is/are not considered to be an expense of doing business.
Wages
Cash dividends
Buying Landscaping Supplies
None are considered to be an expenses of doing business - ANSWERS-
,Ojeda Corporation had the following cash flows during 2012. The company uses
the direct method of preparing a statement of cash flows.
Cash receipt from the issuance of stock
$20,000
Cash received from customers
9,000
Dividends received on long-term investments
4,000
Cash paid for wages
7,000
Cash paid for insurance
500
Cash paid for dividends
3,000
Cash paid to purchase building
30,000
Loan made to another company
10,000
Given this information, net cash inflow (outflow) from operating activities is
,$8,500
$5,500
$15,000
$3,500 - ANSWERS-Answer: $5,500
Net cash inflow from operating activities: $9,000 + $4,000 - $7,000 - $500 =
$5,500. Cash, dividens recieved, wages, paid insurance,
Chen Corporation had the following cash flows during 2012. The company uses
the direct method of preparing a statement of cash flows.
Cash receipt from the issuance of stock
$80,000
Cash received from customers
40,000
Dividends received on long-term investments
20,000
Cash paid for wages
24,000
Cash paid for insurance
2,000
Cash paid for dividends
12,000
Cash paid to purchase building
, 120,000
Loan made to another company
40,000
Given the information above, net cash inflow (outflow) from financing activities
is
Given the information above, net cash inflow (outflow) from financing activities
is
$68,000
($12,000)
($52,000)
$80,000 - ANSWERS-Answer: $68,000
Cash inflow from financing activities: $80,000 - $12,000 = $68,000 Cash from
issuance of stock, cash paid for dividends,
balance sheet - ANSWERS-A financial statement that reports assets, liabilities,
and owner's equity on a specific date.
Retained Earnings Statement - ANSWERS-A financial statement that summarizes
the changes in retained earnings for a specific period of time.
