Cash Flow Statement

Multiple Choice

Category and Inflow or Outflow:

Cash Sales to Customers

• Operating Inflow

• Operating Outflow

• Investing Inflow

• Investing Outflow

• Financing Inflow

Multiple Choice

Category and Inflow or Outflow:

Purchase of Long-term asset

• Operating Inflow

• Operating Outflow

• Investing Inflow

• Investing Outflow

• Financing Inflow

Multiple Choice

Category and Inflow or Outflow:

Pay dividend

• Operating Inflow

• Financing Outflow

• Investing Inflow

• Investing Outflow

• Financing Inflow

Multiple Choice

Category and Inflow or Outflow:

Receive Interest payments

• Operating Inflow

• Financing Outflow

• Investing Inflow

• Investing Outflow

• Financing Inflow

Multiple Choice

Category and Inflow or Outflow:

Cash purchase of inventory

• Operating Inflow

• Financing Outflow

• Investing Inflow

• Operating Outflow

• Financing Inflow

Multiple Choice

Category and Inflow or Outflow:

Pay off long-term loan

• Operating Inflow

• Financing Outflow

• Investing Inflow

• Operating Outflow

• Financing Inflow

Multiple Choice

Category and Inflow or Outflow:

Pay utility bills

• Operating Inflow

• Financing Outflow

• Investing Inflow

• Operating Outflow

• Financing Inflow

Multiple Choice

Category and Inflow or Outflow:

Sell common stock

• Operating Inflow

• Financing Outflow

• Investing Inflow

• Operating Outflow

• Financing Inflow

Multiple Choice

Category and Inflow or Outflow:

Lend money to another company

• Operating Inflow

• Financing Outflow

• Investing Inflow

• Investing Outflow

• Financing Inflow

Multiple Choice

Category and Inflow or Outflow:

Repurchase own stock

• Operating Inflow

• Financing Outflow

• Investing Inflow

• Investing Outflow

• Financing Inflow

Multiple Choice

Category and Inflow or Outflow:

Pay employee salaries

• Operating Inflow

• Financing Outflow

• Investing Inflow

• Operating Outflow

• Financing Inflow

Multiple Choice

Category and Addition or Subtraction:

Increase in Accounts Receivable

• Operating Add

• Financing Subtract

• Investing Add

• Operating Subtract

• Financing Add

Multiple Choice

Category and Addition or Subtraction:

Increase in Long-term asset

• Investing Subtract

• Financing Subtract

• Investing Add

• Operating Subtract

• Financing Add

Multiple Choice

Category and Addition or Subtraction:

Decrease in Accounts Payable

• Investing Subtract

• Financing Subtract

• Investing Add

• Operating Subtract

• Operating Add

Multiple Choice

Category and Addition or Subtraction:

Net Loss

• Investing Subtract

• Financing Subtract

• Investing Add

• Operating Subtract

• Operating Add

Multiple Choice

Category and Addition or Subtraction:

Common stock account increases

• Investing Subtract

• Financing Add

• Investing Add

• Operating Subtract

• Operating Add

Multiple Choice

Category and Addition or Subtraction:

Loss on sale of long-term asset

• Investing Subtract

• Financing Add

• Investing Add

• Operating Subtract

• Operating Add

Multiple Choice

Category and Addition or Subtraction:

Salaries payable goes down

• Investing Subtract

• Financing Add

• Investing Add

• Operating Subtract

• Operating Add

Multiple Choice

Category and Addition or Subtraction:

Cash goes up

• Investing Subtract

• Financing Add

• Investing Add

• Operating Add

• None of the above

Multiple Choice

Category and Addition or Subtraction:

Net income

• Investing Subtract

• Financing Add

• Investing Add

• Operating Add

• None of the above

Multiple Choice

Category and Addition or Subtraction:

Long-term note payable goes up

• Investing Subtract

• Financing Add

• Investing Add

• Operating Add

• None of the above

Multiple Choice

Category and Addition or Subtraction:

Prepaid asset decreases

• Investing Subtract

• Financing Add

• Investing Add

• Operating Add

• None of the above

Multiple Choice

Category and Addition or Subtraction:

Inventory account increases

• Operating Subtract

• Financing Add

• Investing Add

• Operating Add

• None of the above

Multiple Select

What financial statements do we use to create the Statement of Cash Flows?

• Statement of Stockholders' Equity

• Balance Sheet

• 1099 form

• Income Statement