A304 EXAM 3 PREP QUESTIONS & ANSWERS

A304 EXAM 3 PREP QUESTIONS & ANSWERS
What activity is repayment of loan principal In?
- Operating
- Investing
- Financing - Answers :Financing

What activity is Net income In?
- Operating
- Investing
- Financing - Answers :Operating

What activity is Purchase/Sale of property, plant, and equipment In?
- Operating
- Investing
- Financing - Answers :Investing


What activity is Depreciation and amortization expense In?
- Operating
- Investing
- Financing - Answers :Operating

What activity is issuance of stock In?
- Operating
- Investing
- Financing - Answers :Financing

What activity is payment of (cash) dividends In?
- Operating
- Investing
- Financing - Answers :Financing

What activity is short-term investments In?
- Operating
- Investing
- Financing - Answers :Investing

What activity is accounts receivable In?
- Operating
- Investing
- Financing - Answers :Operating

What activity is Inventories In?
- Operating
- Investing

, - Financing - Answers :Operating

What activity is prepaid expenses In?
- Operating
- Investing
- Financing - Answers :Operating

What activity is Accounts Payable In?
- Operating
- Investing
- Financing - Answers :Operating

What activity is repurchase of stock In?
- Operating
- Investing
- Financing - Answers :Financing

What activity is accrued expenses In?
- Operating
- Investing
- Financing - Answers :Operating

What activity is common stock In?
- Operating
- Investing
- Financing - Answers :Financing

What activity is Additional Paid-In captial In?
- Operating
- Investing
- Financing - Answers :Financing

What activity is Retained Earnings In?
- Operating
- Investing
- Financing - Answers :Operating and Financing

In the long run, is it generally most important fro companies to be able to generate
positive cash flows from which section of the Statement of Cash Flows?
- Operating
- Investing
- Financing - Answers :Operating

What activity is operating assets/liabilities In?
- Operating
- Investing