Which of the Following Adjustments Is NOT Correct If You

question 87

Multiple Choice

Which of the following adjustments is NOT correct if you are trying to calculate cash flow from financing activities?

• A)Add dividends paid
• B)Add any increase in long-term borrowing
• C)Add any increase in short-term borrowing
• D)Add proceeds from the sale of stock

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Definitions:

Milligram

A unit of mass equal to one thousandth of a gram, often used in medicine to specify drug dosages.

Grain

A unit of measure traditionally used in pharmacology and jewelry, equal to approximately 0.065 grams.

Milligram

A unit of mass equal to one thousandth of a gram.