On the Statement of Cash Flows,cash Payments from Financing Activities

question 92

Multiple Choice

On the statement of cash flows,cash payments from financing activities include:

• A)issuing stock for property.
• B)sale of treasury stock.
• C)payment of notes payable.
• D)purchase of plant assets.

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Definitions:

Cash Balance

The amount of cash or cash equivalents held by a company at a particular point in time.

Selling and Administrative Expense

Costs related to the selling of products and the administration of a business, not including production costs.

Variable Expense

Expenses that change in proportion to the activity of a business.

Fixed Expense

Costs that do not vary with the level of production or sales, such as rent or salaries.