Question: Total assets on the balance sheet include current assets - fixed assets - depreciation. current assets - fixed assets + depreciation. current assets + fixed

Total assets on the balance sheet include

current assets - fixed assets - depreciation.

current assets - fixed assets + depreciation.

current assets + fixed assets - depreciation.

current assets + fixed assets + depreciation.
2.

The final step in generating a statement of cash flows is to

sum up cash flow from operations and transfer it to the balance sheet.

sum up cash flow from investing activities and transfer it to the balance sheet.

sum up cash flow from operations, financing, and investment activities and transfer it to the balance sheet.

None of these.

None of these.

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