Accounting Cash Flow MCQ

A cash flow statement is typically prepared _____________________.

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

On a cash flow statement, depreciation expense ________________.

Purchasing inventory with a check will cause cash to ______________ .

In 2007, XYZ Company had a net income of $312,000 and reported the following:

Decrease in accounts receivable: $10,000

Gain on sale of building: $14,000

Increase in accounts payable: $12,000

Issuance of common stock: $90,000

Retirement of debt: $45,000

Given this data, the amount of cash flow from operations was ______________.

Which of the following would be shown in the investing section of a cash flow statement?

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

Preferred stock issued for cash would appear in which of the following sections of the cash flow statement?

Which of the following would NOT be shown in the investing section of a cash flow statement?

An amortization of a bond discount would be shown __________________.