Manager: Hi, David. Could I talk to you for a second?Accountant: Sure. 1. ____________ ____________ ?Manager: Well, our income statement shows a net income of $200,000.Accountant: That 2. ____________ about right.Manager: But the cash flow statement shows only $100,000 3. _________________ from sales.Accountant: Oh, well, the cash flow statement only counts cumulative cash – the 4. ____________ cash we spend and receive.Manager: So ... Are you 5. ____________me that we haven't received some of the payments on our accounts receivable?Accountant: Exactly. But our accounts receivable should 6. ____________ ____________ for it by next month.
Fill in the blanks with the correct words or phrases from the following words:Inflow; stockholder ; cash distributions; outflow ,dividends1. The company makes______________________ to the owners everymonth.2. Every ______________________ owns a tiny portion of the company.3. Any time money is spent, it is recorded as a(n) __________________ .4. The company pays quarterly _________________ to the stockholders.5. Money received for sales is a(n) ____________________ of cash.