1. The section of a Cash Flow Statement that includes changes in short-term assets & short term liabilities is called the Changes in ___________ Activities.

2. The section of a Cash Flow Statement that includes changes in long-term assets is called the Changes in _____________________ Activities.

3. The section of a Cash Flow Statement that includes changes in long-term liabilities and equity is called the Changes in ___________________ Activities.

4. Increases in assets will _____________________ cash, while decreases in assets will __________________ cash. (increase or decrease)

5. The three types of inventory on a manufacturing companys balance sheet are: _________________________________________________________

6. Inventory turnover and the number of days sales in accounts receivable are examples of the ____________________________________ ratio category.

7. Current ratio, working capital, and acid-test ratio are examples of the __________________________________________________ ratio category.

8. Return on equity and return on income are both examples of the _____________________________________________________ ratio category.

9. Debt to equity and times interest earned are both examples of the _____________________________________________________ ratio category.

10. The financial statement that shows revenues, expenses, gains, and losses is called ________________________________________________________________.