The following listed items were found on a recent statement of cash flows for Verizon Communications, Inc. For each item, indicate which section of the statement should contain the item—the operating, investing, or financing section. Also, indicate whether Verizon uses the direct or indirect method for reporting cash flows from operating activities.
a. Net income
b. Dividends paid
c. Proceeds from long-term borrowings
d. Capital expenditures
e. Proceeds from sale of common stock
f. Retirements of long-term borrowings
g. Change in inventories
h. Depreciation and amortization expense
i. Proceeds from dispositions [of assets]

  • CreatedFebruary 20, 2015
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