In most countries, the preparation of a __________________ is a common practice.

On their income statement, XYZ Company reported $600,000 in sales, $320,000 in depreciation expense, $60,000 in income taxes, and $100,000 in other expenses. In addition, $80,000 of common stock was issued for cash during the year. Assuming that the company's non-cash working capital balances did not change during the year, the total amount of cash from operations was ____________.

Accounts receivable that increased during the year would appear in which of the following sections of the cash flow statement?

Unearned revenue that had been reduced during the year would appear in which of the following sections of the cash flow statement?

In determining cash flow from operations, which of the following would be an add-back to net income?

Accruing an income tax liability will cause cash to ______________ .

A payment made from accounts payable will cause cash to ______________ .

XYZ reported balances in the Accumulated Depreciation account of $130,000 on 01/01/07 and $120,000 on 12/31/07. During 2007, an asset costing $100,000 (with an accumulated depreciation of $80,000) was sold for $20,000. Given this data, the depreciation expense for 2007 was _____________.

When determining cash flow from operations, which of the following would be added back to net income?

The use of a bond sinking fund to retire a long-term debt at maturity would appear in which of the following sections of the cash flow statement?

Treasury stock purchased for cash would appear in which of the following sections of the cash flow statement?