Which of the following adjustments is NOT correct if you are trying to calculate cash flow from financing activities（）
Add dividends paid
B. Add any increase in long term borrowing
C. Add any increase in short-term borrowing
D. Add proceeds from the sale of stock
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Which of the following statements regarding net income transferred to retained earnings is correct（）
A. Net income = net income transferred to retained earnings – dividends
B. Net income transferred to retain earnings = net income + dividends
C. Net income = net income transferred to retain earnings + dividends
D. Net income transferred to retain earnings – net income = dividends
Which of the following is NOT an operating expense（）
A. Interest expense
B. Depreciation and amortization
C. Selling, general and administrative expenses
D. Research and development
Which of the following is NOT a section on the cash flow statement（）
A. Income generating activities
B. Investing activities
C. Operating activities
D. Financing activities
A__ is when a rich individual or organization purchases a large fraction of the stock of a poorly performing firm and in doing so gets enough votes to replace the board of directors and the CEO（）
A. shareholder proposal
B. leveraged buyout
C. shareholder action
D. hostile takeover
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