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NEW QUESTION: 1

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

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. dividends declared.
B. investments in affiliates.
C. net income.
D. shares issued/repurchased.
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. Retaining profits
B. Bond issuance
C. Factoring of accounts receivable
D. Issuance of common stock
Answer: C