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For each of the following items, indicate (by placing an X) whether the item would be found on the statement of cash flows in column 1, the direct approach for determining the cash flows from operating activities, column 2, the indirect approach for determining the cash flows from operating activities, column 3, cash flows from investing activities, column 4, cash flows from financing activities. If you identify that an item affects the cash flows from operation, indirect method, also indicate whether it will be increasing (+) or decreasing (-) the cash flows.
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Money Supply
The total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts.
Glass-Steagall Act
A U.S. law enacted in 1933, designed to prevent commercial banks from engaging in investment banking, thereby protecting depositor funds from risky market investments.
Investment Banking
The sale of stocks and bonds for corporations.
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