Principles of finance unit1 milestone 1. Study guides, Class notes & Summaries

PRINCIPLES OF FINANCE UNIT1-MILESTONE 1. What expenses typically come first in the "Expenses" section of an income statement?  Non-operating expenses  Selling, general and administrative expenses  Tax expenses  Irregular expenses CONCEPT Standardizing Financial Statements 2 Under GAAP, how would dividends paid to company stockholders be accounted for on the statement of cash flows?  As an increase in cash flow from operations  As a decrease in cash flow from...