1. In a statement of cash flows, what is the sum total of cash from operating activities, cash from investing activities, and cash from financing activities over the course of a fiscal year?
The change in retained earnings during the fiscal year
Earnings before interest, taxes, depreciation, and amortization (EBITDA)
The change in cash and cash equivalent during the year
The amount of working capital at fiscal year-end
2. In the UCA model, what is an increase in inventory?
A financing activity
A use of cash
An investing activity
A source of cash