1. Which of the following actions would result in a use of cash as opposed to a source of cash?
The Company stopped paying dividends
Company incurred a Net Loss as shown on the Income Statement
Company issued additional common stock
Company negotiated better terms with suppliers to extend disbursement payments
2. An estate tax return must be filed when a gross estate is less than $5,430,000 but this threshold amount is exceeded when adjusted taxable gifts are added to the return. True or False?
True
False