Cash Flow Statement

Question 7 (1 point) Choose the answer that best completes the statement below. When analyzing a cash flow statement, it is generally always best if an organization can produce most of its cash flow from... operating activities. capital gains. investing activities. financing activities. Question 8 (1 point) Choose the option that bests completes the statement using the cash flow statement provided on paper. The cash flow statement shows that this organization... financed its business with only cash from shareholders. financed some of its business with only its own cash. financed some of its business with only debt. financed some of its business in the past with both debt and equity. Question 9 (1 point) The first step in the cash flow statement preparation process is to compare net income results from the previous two years. True False Question 10 (1 point) Choose the option that bests completes the statement using the cash flow statement provided on paper. Using the Cash Flow statement provided on paper, the cash balance at the end of the period... decreased from the previous period. increased from the previous period. matches the net income. was $(13,000)