Question: 12:22 SmartBook Chapter 12 Question Completion Status: vu poms Save As Wer While the Income Statement is useful for understanding firm profit, managers also focus
12:22 SmartBook Chapter 12 Question Completion Status: vu poms Save As Wer While the Income Statement is useful for understanding firm profit, managers also focus on how much cash the firm is generating. This allows managers to see areas of concern. Let's take a look at the Statement of Cash Flows in Section 3-4. Cash flows can be divided into three main categories: Operating, Investing, and Financing. Sort each of the cash flows below into their category. Use Table 3.3 in Section 3.4 as a guide. Change in A. Investing Activities Accounts B. Financing Activities Receivable Net Income C. Operating Activities Change in Accruals Change in Inventory Change in Property Plant and Equipment Change in Notes Payable Change in Long Term Debt Payment of Dividends QUESTION 19 10 points Save Answer The Statement of Cash Flows show items from the Balance Sheet and Income Statement according to each category. And it also shows increases and decreases, or changes in these accounts. In this question, you are going to calculate changes from one year to the next. You can do this buy using the halance from the war and extracting the halance Click Save and Submit to save and submit. Click Save All Answers to save all answers Save All Answers Save and Submit
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