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Business activities that generate or use cash are classified as operating, investing, or financing activities on the statement of cash flows.

In preparing a company’s statement of cash flows for the most recent year using the indirect method, the following information is available:           Net income for the year was $ 52,000   Accounts payable decreased by   18,000   Accounts receivable increased by   25,000   Inventories increased by   5,000   Cash dividends paid were   14,000   Depreciation expense was   20,000   Net cash provided by operating activities was:

When preparing a statement of cash flows using the indirect method, each of the following should be classified as an operating cash flow except:

An account is a record of increases and decreases in a specific asset, liability, equity, revenue, or expense item.

Return on assets is often stated in ratio form as the amount of average total assets divided by income.

A company had net cash flows from operations of $120,000, cash flows from financing of $330,000, total cash flows of $500,000, and average total assets of $2,500,000. The cash flow on total assets ratio equals:

An account is a record of increases and decreases in a specific asset, liability, equity, revenue, or expense item.

When preparing a statement of cash flows using the indirect method, each of the following should be classified as an operating cash flow except:

The cash flow on total assets ratio is calculated by:

A financial statement analysis report does not include: