Reference no: EM132655984
Problem 1: The statement of cash flows shows the following information. What is the impact on cash?
Cash inflow from operating activities $ 234,000
Cash inflow from financing activities 120,000
Cash outflow from investing activities 260,000
Group of answer choices
Option 1: None of these.
Option 2: It decreases by $146,000.
Option 3: It increases by $94,000.
Option 4: It decreases by $94,000.
Option 5: It increases by $146,000.
Problem 2: The EPS ratio is calculated by:
Group of answer choices
Option 1: profit per share / number of shares outstanding
Option 2: price per common share / earnins per common share
Option 3: profit for the year / number of shares outstanding
Option 4: none of these
Option 5: profit for the year / share price