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    Principles of Managerial Finance
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    Exam 4: Cash Flow and Financial Planning
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    Table 4.1 Ruff Sandpaper Co
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Table 4.1 Ruff Sandpaper Co

Question 139

Question 139

Multiple Choice

Table 4.1
Ruff Sandpaper Co.
Balance Sheets
For the Years Ended 2009 and 2010 Table 4.1 Ruff Sandpaper Co. Balance Sheets For the Years Ended 2009 and 2010   -All of the following are operating cash flows EXCEPT A)  net profit/earnings after tax. B)  increase or decrease in current liabilities. C)  increase or decrease in fixed assets. D)  depreciation expense.
-All of the following are operating cash flows EXCEPT


A) net profit/earnings after tax.
B) increase or decrease in current liabilities.
C) increase or decrease in fixed assets.
D) depreciation expense.

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