(Solved): There are four major financial statements that a corporation issues to the public each quarter. Whi ...

There are four major financial statements that a corporation issues to the public each quarter. Which of the following is not one of these statements? Muniple Choice Income Statement Balance Sheet. Statement of Cash Flow. Statement of Risks and Opportunities. Statement of Retained Eamings. Which of the following is not a major section of the Statement of Cash Flow? Multigle Choice Operating Actlities. Exchange Activities. Investing Activities. Financing Actlvities. Nane of the above. Where should noncosh investing and financing activities be disclosed? Muitiple Choice In the opetating activities section of the statement of cash flows. In the investing activities section of the statement of cash flows. In a note at the bottom of the cash flow statement or separately on the following page. In the financing activities section of the statement of cash flows. In the cash reconciliation section of the statement of cash flows. Activities that involve the purchase of merchandise and the sale of goods and services to customers, including expenditures related to odministering. the business, are classified as: Multple Choice Financing activities. Direct activities livesting activities. Operating activities. Indirect activities: The appropriate section in the statement of cash flows for reporting the purchase of equipment for cash is: Multiple Cholce Investing activities. Cash reconciliation section. Operating activities. Financing activities. This transaction is not reported on the statement of cash flows. The appropriate section in the statement of cash flows for reporting the issuance of common stock for cash is: Mutiple Choice Operating activities. Financing activities. Cash reconciliation section. Investing activities. This transaction is not reported on the statement of cash flows. The indirect method for the preparation of the operating activities section of the statement of cash flows: Multiple Choice Tracks major items of operating cash receipts throughout the year. is rarely used by large corporations. Tracks major items of operating cash payments throughout the year. Reports net income, then adjusts it for certain items to determine net cash provided or used by operating activities. Is required for all small companies. When using the indirect method to calculate and report net cash provided or used by operating activities, which of the following is subtracted from net income? Multiple Choice Depreciation expense. Amorvization expense. Increase in accounts payable. Decrease in merchandise inventory. Decrease in income taxes payable, A cash dividend payment to shareholders during the year should be reported on the statement of cash flows as a( \( n \) ) Multipie Choice Increase in cash flows from financing octivities. increase in cash flows from investing activities. Decrease in cash flows from operating activities: Decrease in cash flows from investing activities. Decrease in cash flows from financing activities. 1. Use the following information and the indirect method to calculate the net cash provided or used by operating activities: In preparing a company's statement of cash flows using the indirect method, the following information is available: Net cash provided by operating activities was: A company reported the following information for the year: Calculate the cash provided (used) in operating activities using the indirect method. A machine with a cost of \( \$ 150.000 \) and accumulated depreclation of \( \$ 105.000 \) is sold for \( \$ 60,000 \) cash. The amount that should be reported as a source/use of cash under cash flows from investing activities is: Multiple Choice \[ \$ 150,000 \text {. } \] \[ \$ 45.000 \text {. } \] \[ \$ 60,000 \text {. } \] \[ \$ 15.000 \text {. } \] \[ \$ 105,000 \text {. } \] A company reported the following information for the year: Calculate the net cash provided (used) for the financing activities section. A company reported the following amounts on its statement of cash flow: If the beginning cash balance is \( \$ 15,750 \), what is the ending cash balance?