Distinguish between operating, investing, and financing activities, and describe how non cash investing and financing activities are disclosed.

Identify characteristics of corporations and their organization.
 Explain characteristics of, and distribute dividends between, common
and preferred stock.
 Explain the items reported in retained earnings

Distinguish between operating, investing, and financing activities, and describe how non cash investing and financing activities are disclosed.

Analyze the statement of cash flows and apply the cash flow on assets total ratio.