_____ Would Be Considered a Part of Your Taxable Income

question 82

Multiple Choice

_____ would be considered a part of your taxable income.

• A) Your individual retirement account (IRA) contributions
• B) A gift from your aunt
• C) Your child-support payments
• D) A gain from the sale of your assets
• E) Your tuition scholarship

Understand and calculate net cash flow from financing activities.

Comprehend the structure and elements of the balance sheet equation.

Analyze and determine net cash flow from investing activities based on changes in cash balance and cash flows from other activities.

Understand the purpose and classifications of the cash flow statement.