答案和详解如下： 6.If Jackson Ski Company issues common stock, and uses the proceeds to purchase fixed assets such as equipment: A) cash flow from financing would decrease and cash flow from investing would increase. B) both cash flow from operations and cash flow from financing would decrease. C) both cash flow from operations and cash flow from financing would increase. D) cash flow from financing would increase and cash flow from investing would decrease. The correct answer was D) Cash flow from financing increases when stock is issued, while cash flow from investing decreases when spending for purchases of fixed assets. 7.Which of the following items is NOT found in the financing cash flow part of the statement of cash flows? A) Dividends paid. B) Change in paid-in capital. C) Change in retained earnings. D) Change in long-term debt. The correct answer was C) Changes in retained earnings are not included in the calculation of financing cash flows. 8.Jodi Lein, small business consultant, is currently working with RJ Landscaping, a sole proprietorship. She is trying to educate the owner on the importance of monitoring cash flows. Operating information as of the end of the most recent month appears below: § Cash from sale of truck of $7,000. § Cash salaries paid of $17,000. § Cash from customers of $45,000. § Depreciation expense of $5,500. § Interest on bank line of credit of $1,000. § Cash paid to suppliers of $22,000. § Other cash expenses, including rent, of $6,300. § No taxes due. Using this information, Lein calculates the cash flow from operations for the month at: A) -$1,300. B) $11,200. C) -$300. D) $4,200. The correct answer was A) The format of the question information suggests the use of the direct cash flow method. In this method, depreciation is not a component of cash flow from operations. Cash flow from operations = (all numbers in thousands of dollars) 45 – 17 – 22 – 6.3 – 1.0 = -1.3, or -$1,300. 9.All of the following are cash flows from operations EXCEPT: A) interest payments. B) dividends paid to shareholders. C) dividends received. D) interest received. The correct answer was B) Dividends paid are a financing cash flow. Dividends received, interest paid, and interest received are all operating cash flows. 10.Interest payments, either as part of a coupon payment or to creditors, are always considered which type of cash flow? A) Investing. B) Operating. C) Financing. D) Free cash flow. The correct answer was B) Any type of interest payment is always going to be considered an operating cash flow. | 
发表于 2008-4-11 17:16
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