7The amount spent for capital expenditures will be reported in which section of the statement of cash flows? A Financing Activities C Operating Activities Investing Activities D. Funding Activities 8. Prepaid insurance is reported as an on a companys balance sheet A asset B liability C stockholder's equity D. payable 9 If a company purchases equipment with its cash, which of the following will increase? A Fixed assets B. Current assets C. Current liabilities D. Long term liabilities The amounts needed to compute a company's working capital come from which of the following financial statements Balance Sheet Cash Flow Statement ncome Statement Retained Earnings Statement Page 2 of a