Question: 1. Cash flows from a. operating b. investing c. financing d. purchasing 2. Cash flows from a. investing b. operating c. financing d. purchasing a.
a. operating b. investing c. financing d. purchasing activities are the cash flows from transactions that affect the net income of a company. 2. Cash flows from activities are the cash flows from transactions that affect the debt and equity of the company. a. inverting b. operating c. financing d. purchasing 3. Which of the following vrould appear in the computation of net cash flow from operating activities if using the direct method? a. Cash received from customers b. Net income c. Increase in accounts payable d. Increase in supplies 4. Cash inflows from investing activites normally arise from all of the following EXCEPT a. selling fixed assets. b. issuing stock. c. selling investments. d. selling intangible assets
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