The Statement of Cash Flows Reports Each of the Following

question 193

Multiple Choice

The statement of cash flows reports each of the following except

• A) cash receipts from operating activities.
• B) cash payments from investing activities.
• C) the net change in cash.
• D) cash sales.

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Definitions:

Corporate Pretax Profits

The earnings of a corporation before income taxes are deducted, reflecting the operational and financial performance of the company.

Present Value

The current worth of a future sum of money or stream of cash flows, given a specified rate of return.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money they borrow from a lender.

Exploitation

The act of treating someone unfairly in order to benefit from their work or the use of resources without just compensation.