1. The ________ is not found in the cash flow from financing activities section of a statement of cash flows that follows U.S. GAAP.
repurchase of common stock
issuance of common stock
payment of interest on debt
payment of cash dividends
issuance of debt
2. What could be the cause of an increase in a firm’s revenues?
More units of product have been sold.
The firm has increased prices.
The firm has controlled costs.
None of these choices are correct
Prices have been increased and/or more units of product have been sold