Match each type of cash flow with its description.

A. Cash outflow from investing activities
B. Cash outflow from operating activities
C. Cash inflow from operating activities
D. Cash outflow from financing activities
E. Cash inflow from investing activities
F. Cash inflow from financing activities


A. Purchase building.
B. Pay cash for utilities.
C. Receive cash in advance from customers.
D. Repay amount borrowed from bank.
E. Sell land.
F. Issue common stock.

Business

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Memorandum and email reports are directed to a reader outside an organization.

Answer the following statement true (T) or false (F)

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In a good report text, a new idea should be introduced in the summary.

Answer the following statement true (T) or false (F)

Business

In response to a short-term oversupply of wine in the marketplace, the makers of Kendall-Jackson developed two new brands by using rapid prototyping — designing products on a computer and producing rough models to show potential consumers for their

reactions — to quickly bring its ideas to life. Indicate whether the statement is true or false

Business

Which balance sheet accounts are most affected by operating activities?

a. Current assets and current liabilities b. Long-term assets c. Long-term liabilities d. Stockholders' equity.

Business