Pearl Day 2

To toggle between cell referencing types, you hit the _____ key

• F2

• F3

• F4

• F5

All are impacts of buying new equipment’s on the Financial Statements except

• Reduce net profit

• Reduce cash

• Increase total assets

• Reduce cash from financing activities

All of this can be found under current assets except-------------

• Receivable

• Inventories

• Prepayments

• Retained earnings

Which of the following is NOT one of the arguments required for the MATCH function?

• Lookup value

• Match type

• Column number

• Lookup array

Income tax expenses are typically derived as a percentage of ---------

• Profit before tax

• Profit after tax

• Operating profit

• Gross profit

Dividend payout reduces ___________

• Retained earnings

• Capital contribution

• Share premium

• Share capital

The closing balance in a Fixed Asset Schedule is linked to the Statement of profit and loss

• True

• False

Which of the following is not a component of shareholder's equity?

• Retained earnings

• Share capital

• Share premium

• Dividend

What does a positive cash flow from investing activities typically indicate?

• The company is investing heavily in its operations

• The company is selling off assets and investments

• The company is making a profit

• The company is borrowing money to finance investments

How does depreciation affect the cash flow statement?

• It increases cash flow from operating activities.

• It decreases cash flow from investing activities.

• It decreases cash flow from financing activities.

• It has no effect on cash flow