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NEW QUESTION: 1

A. Option D
B. Option C
C. Option B
D. Option A
Answer: C

NEW QUESTION: 2
When preparing a direct method statement of cash flows, the calculation of equity financing cash flows requires analysis of the change in stockholders' equity, separating all of the following except
A. net income.
B. investments in affiliates.
C. shares issued/repurchased.
D. dividends declared.
E. changes in valuation accounts.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Cash flows from investments in joint ventures and affiliates and long-term investments in securities are components of cash flows from investing activities.

NEW QUESTION: 3
Which of the following is a source of short-term financing?
A. Factoring of accounts receivable
B. Bond issuance
C. Retaining profits
D. Issuance of common stock
Answer: A