HBX core: Financial Accounting Questions and Correct Verified Answers Latest Version
6 views 0 purchase
Course
HBX
Institution
HBX
3 types of financial statements
balance sheet, income statement, statement of cash flows
Statement of Cash Flows
A financial statement that provides a detailed financial picture about
the cash receipts and cash payments of a business for a specific
period of time. It also reconciled beginn...
✓ Start with net income from income statement. Make adjustments to
undo impact of accruals made during that period.
cash flows from investing activities
✓ cash inflows and outflows related to the acquisition or sale of
productive facilities, investments in the securities of other companies,
and loans to 3rd parties
cash flows from financing activities
✓ cash inflows and outflows related to external sources of financing
(owners/investors and creditors) for the enterprise. Under GAAP,
dividends paid is in this section. Under IFRS, dividends paid may be in
operating section an interest paid my be here.
Start up cash flow
✓ Negative or low operating activity, negative cash from investing, large
fluctuations in cash flow from financing
Profitable/ growing business cash flow
✓ Positive cash from operating activity, negative cash from investing,
positive/negative/neutral cash flow from financing
Master01 | September, 2024/2025 | Latest update
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ExamArsenal. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R194,97. You're not tied to anything after your purchase.
