Question : 101.Refer to the information above. For the month of October, : 1259614

 

 

101.Refer to the information above. For the month of October, net cash flows from operating activities for Waldorf were:   

A. $18,500.

 

B. $22,500.

 

C. $78,000.

 

D. $100,500.

 

 

 

102.Which of the following activities is not a category into which cash flows are classified?   

A. Marketing activities.

 

B. Operating activities.

 

C. Financing activities.

 

D. Investing activities.

 

 

 

 

103.A strong statement of cash flows indicates that significant cash is being generated by:   

A. Operating activities.

 

B. Financing activities.

 

C. Investing activities.

 

D. Effective tax planning.

 

 

 

 

104.During the month of May, Henderson Company had the following transactions:* Revenues of $60,000 were earned and received in cash.* Bank loans of $9,000 were paid off.* Equipment of $20,000 was purchased.* Expenses of $36,800 were paid.* Stockholders purchased additional shares for $22,000 cash.A statement of cash flows for May would report net cash flows from operating activities of:   

A. $60,000.

 

B. $16,200.

 

C. $23,200.

 

D. $20,000.

 

 

 

During the month of August, Boyce Company had the following transactions:* Revenues of $120,000 were earned and received in cash.* Bank loans of $18,000 were paid off.* Equipment of $40,000 was purchased with cash.* Expenses of $73,600 were paid.* Stockholders purchased additional shares for $44,000 cash.

 

105.Refer to the information above. A statement of cash flows for August, would report net cash flows from operating activities of:   

A. $26,000.

 

B. $32,400.

 

C. $40,000.

 

D. $46,400.

 

 

 

106.Refer to the information above. A statement of cash flows for August, would report net cash flows from financing activities of:   

A. $26,000.

 

B. $32,400.

 

C. $40,000.

 

D. $46,400.

 

 

 

107.Refer to the information above. A statement of cash flows for August, would report net cash flows from investing activities of:   

A. ($26,000).

 

B. $32,400.

 

C. ($40,000).

 

D. $46,400.

 

 

 

108.Refer to the information above. A statement of cash flows for August, would report an increase in cash of:   

A. $26,000.

 

B. $32,400.

 

C. $40,000.

 

D. $46,400.

 

 

 

During the month of February, Fadness Company had the following transactions:* Revenues of $225,000 were earned and received in cash.* Bank loans of $18,000 were paid off.* New bank loans of $15,000 were incurred.* Equipment of $40,000 was purchased with cash.* Equipment was sold for its book value of $36,000. Cash was received.* Expenses of $171,400 were paid.* Stockholders purchased additional shares for $50,000 cash.

 

109.Refer to the information above. A statement of cash flows for February, would report net cash flows from operating activities of:   

A. $4,000.

 

B. $35,600.

 

C. $53,600.

 

D. $96,600.

 

 

 

110.Refer to the information above. A statement of cash flows for February, would report net cash flows from financing activities of:   

A. $4,000.

 

B. $47,000.

 

C. $83,000.

 

D. $96,600.

 

 

 

 

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