Fundamental Accounting Principles Study Set 5
Quiz 16: Statement of Cash Flows
Define and Explain Significant Noncash Investing and Financing Activities and the Method
Define and explain significant noncash investing and financing activities and the method of reporting them on the statement of cash flows.
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Describe the format of the statement of cash flows, including the reporting of significant noncash investing and financing activities.
Explain the value of separating cash flows into operating activities, investing activities and financing activities to financial statement users in analyzing cash flows and the company's financial performance and condition.
Define the cash flow on total assets ratio and explain how it is used to evaluate cash flows and to assess company performance.
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