During 2007, XYZ Company experienced the following changes:

Current liabilities: $75,000 increase

Non-current liabilities: $45,000 decrease

Owners' equity: $51,000 decrease

Non-current assets: $42,000 increase

Current assets (other than Cash): $18,000 increase

Given the above data, the change in cash for 2007 was ____________.

The acquisition of a patent would be shown __________________.

Land acquired by issuing preferred stock would appear in which of the following sections of the cash flow statement?

When determining cash flow from operations, which of the following would NOT be added back to net income?

Which of the following is NOT a characteristic of growing firms?

Which of the following typically happens during the introduction phase of a product's life cycle?

Which of the following statements about depreciation expense is true?

When determining cash flow from operations, which of the following would NOT be deducted from net income?

An amortization of a bond discount would be shown __________________.

Preferred stock converted into common stock would appear in which of the following sections of the cash flow statement?

The amortization of a recorded patent would appear in which of the following sections of the cash flow statement?