The three activities that explain the cash inflows and outflows of a business are the selling, investment and financing activities.
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Q1: Dividends to a firm's owners are not
Q2: Profits reward owners for investing in a
Q4: The income statement answers the question "How
Q7: Depreciation is the cost of a firm's
Q7: The terms earnings, profits, and income refer
Q10: The cash flow statement answers the questions
Q11: Jan's bank has asked her to show
Q12: The income statement shows a firm's financial
Q19: Jane is determining the overall financial situation
Q20: Assets that can be converted to cash
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