The Last Item on the Statement of Cash Flows Prior

question 46

Multiple Choice

The last item on the statement of cash flows prior to the schedule of noncash investing and financing activities reports

• A) the change in cash
• B) cash at the end of the period
• C) net cash flow from investing activities
• D) net cash flow from financing activities

---

Definitions:

Marginal Cost

The cost of producing one additional unit of a good or service, an important concept in economics for determining the optimal level of production.

Average Total Cost

The total cost to produce a given quantity of output divided by the quantity of output produced; it includes all opportunity costs.

Diminishing Marginal Returns

Refers to a point in production where adding an additional factor of production results in a smaller increase in output.

Average Variable Costs

The total variable costs divided by the quantity of output produced, reflecting the average cost of producing each unit.