Question: CH16.3 Do In Class The Statement of Cash Flows Circle the letter of the best response. of the following is not an appropriate use of
CH16.3 Do In Class The Statement of Cash Flows Circle the letter of the best response. of the following is not an appropriate use of the statement of cash flos? A. Predict ability to pay debts B. Evaluate managers' decisions C. Analyze profitability and liquidity D. Predict future cash flows 2. The main types of cash flow activities are A. financing, investing, operating, and free. B. investing, operating, and financing. C. operating, classifying, and investing. D. financing, operating, classifying, and noncurrent. Cash flows from interest received are reported in the statement of cash flows in the A. operating activities section. B. investing activities section. C. financing activities section. D. schedule of noncash activities. 3. 4. The purchase of equipment by isuing a long-term note payable for the entire amount is reporte the statement of cash flows in the A. operating activities section. B. investing activities section. C. financing activities section. D. schedule of non-cash investing and financing activities
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