7. An increase in accounts payable represents an increase in net cash provided by operating activities just like borrowing money from a bank. An increase in accounts payable has an effect similar to taking out a new bank loan. However, these two items show up in different sections of the statement of cash flows to reflect the difference between operating and financing activities. a. True b. False If your answer is false, what is the correct answer: 8. In Investing Activities, the gross fixed assets has to added back with depreciation. a. True b. False If your answer is false, what is the correct