CHAPTER 10MULTIPLE CHOICE1.Which of the following is nota purpose of the statement of cash flows?a.To show cash flow from operations.b.To show cash flow from financing activities.c.To show cash flow from investing activities.d.To show all investing and financing transactions.e.To show operating expenses for a period of time.ANS: E
2.Which of the following is nota typical cash flow under operating activities?
3.Which of the following is nota typical cash flow under investing activities?
4.Which of the following is nota typical cash flow under financing activities?
5.Working capital is defined as:a.total assets less intangible assetsb.current assets divided by current liabilitiesc.current assets less current liabilitiesd.total assets less current assetse.current assets less liabilitiesANS: C