The Bottom of the Statement of Cash Flows Shows a Net

question 53

Multiple Choice

The bottom of the statement of cash flows shows a net increase in cash of $350,000.What is this increase linked to elsewhere in the financial statements?

• A)The income statement.
• B)The statement of owners' equity.
• C)The balance sheet.
• D)The income statement,the balance sheet,and the statement of owners' equity.
• E)None of the answer choices is correct.

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Definitions:

Food Desert

A community in which the residents have little or no access to fresh, affordable, healthy foods, usually located in densely populated urban areas.

Grocery Store

A retail establishment that sells food and other household goods.

Liquor

Alcoholic beverages that are distilled rather than fermented, resulting in a higher alcohol content.

Food Desert

Areas with limited access to affordable and nutritious food, often found in urban and rural low-income neighborhoods.