Which of the Following Are All Components of the Statement

question 80

Multiple Choice

Which of the following are all components of the statement of cash flows?

• A)Cash flow from operating activities, cash flow from investing activities, and cash flow from financing activities
• B)Cash flow from operating activities, cash flow from investing activities, and cash flow from divesting activities
• C)Cash flow from internal activities, cash flow from external activities, and cash flow from financing activities
• D)Cash flow from brokering activities, cash flow from profitable activities, and cash flow from non-profitable activities
• E)None of the above.

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Definitions:

Ending Inventory

Represents the value of goods available for sale at the close of an accounting period, calculated by adding purchases to beginning inventory and subtracting cost of goods sold.

Accounts Payable

Financial obligations or debts that a company owes to its suppliers or creditors for goods and services received but not yet paid for.

Owners' Equity

Represents the residual interest in the assets of an entity after deducting liabilities, often referred to as shareholder equity.

Ending Inventory

Represents the final stock of goods available for sale by a firm at the close of an accounting period.