qz13 - Correct....

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    The primary purpose of the statement of cash flows is to facilitate banking relationships. provide information about the investing and financing activities during a period. prove that revenues exceed expenses if there is a net income. provide information about the cash receipts and cash payments during a period. Correct.     If a company reports a net loss, it will not be able to pay cash dividends. will not be able to make capital expenditures. may still have a net increase in cash. will not be able to get a loan. Correct.     The acquisition of land by issuing common stock is a noncash transaction and would be reported in the body of a statement of cash flows. only reported if the statement of cash flows is prepared using the direct method. a cash transaction and would be reported in the body of a statement of cash flows. a noncash transaction which is not reported in the body of a statement of cash flows. Correct.     The category that is generally considered to be the best measure of a company's ability to continue as a going concern is cash flows from investing activities. usually different from year to year.
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qz13 - Correct....

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