On the Statement of Cash Flows,which of the Following Are

question 92

Multiple Choice

On the Statement of Cash Flows,which of the following are considered financing activities?
I.increase in long-term debt
II.decrease in accounts payable
III.interest paid
IV.dividends paid

• A)I and IV only
• B)III and IV only
• C)II and III only
• D)I, III, and IV only
• E)I, II, III, and IV

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Definitions:

Producer Surplus

The difference between what producers are willing to accept for a good or service versus what they actually receive, reflecting additional benefit to producers.

Tariff

A tariff is a tax imposed by a government on imported or exported goods, often used to protect domestic industries or to generate revenue.

Trade

The exchange of goods, services, or both, between parties, either within an economy or between economies.

Price

The amount of money expected, required, or given in payment for something, reflecting its value, cost of production, and market demand.