The Last Item on the Statement of Cash Flows Prior

question 46

Multiple Choice

The last item on the statement of cash flows prior to the schedule of noncash investing and financing activities reports

• A) the change in cash
• B) cash at the end of the period
• C) net cash flow from investing activities
• D) net cash flow from financing activities

---

Definitions:

Market Price

The present price for which a service or asset is available for purchase or sale in a market.

Shares Outstanding

The total number of a company’s shares that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.

Low Dividend Policy

A corporate strategy involving the paying out of a small portion of a company’s earnings in the form of dividends, while retaining the majority to reinvest in the business.

Tax Deferred

Financial arrangements where investment gains such as interest, dividends, or capital gains accumulate tax free until the investor takes constructive receipt of the gains.