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1.Which of the following points to cash receipts?

Select one:

A. Debit entries in the Notes Receivable account.

B. Credit entries in the Marketable Securities account.

C. Debit entries in the Notes Payable account.

D. Credit entries in the Accumulated Depreciation account.

2. The statement of cash flows helps investors and creditors assess both the cash and noncash aspects of a company's investing and financing activities.

Select one:

True

False

3. The future amount of an annuity is calculated by multiplying the periodic payment amount by the discounted factor from the future value of an annuity table.

Select one:

True

False

4.

The purchase of equipment for the manufacturing of inventory belongs in the operating activities section of the statement of cash flows.

Select one:

True

False

5. The purchase of equipment for the manufacturing of inventory belongs in the operating activities section of the statement of cash flows.

Select one:

True

False

6. Dividends paid belong in the operating activities section of the statement of cash flows.

Select one:

True

False

7. The difference between the present value and the future value of a sum of money depends upon:

Select one:

A. The rate of interest.

B. The length of time.

C. The rate of interest and the length of time.

D. Neither the rate of interest nor the length of time.

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