Series 79: Exercise

Taken from our Series 79 Online Guide

Exercise

For Item 1, fill in the blank. For the other items, circle the correct choice.

1. To calculate net cash provided by operations, start with _____.

2. [Add / Subtract] the depreciation of a delivery van.

3. [Add / Subtract] a d ecrease in accounts receivable.

4. [Add / Subtract] a decrease in accounts payable.

5. [Add / Subtract] the amortization of a patent.

6. [Add / Subtract] an increase in inventory.

7. A customer makes a large purchase on 30-day terms. [Add / Subtract]

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