Question: Attention! No explanation is needed. Answer all four questions. ( Not only one because based on your policy I can ask up to four questions



24. Both the direct and indirect methods yield the identical net cash flow amount provided or used by operating activities. True False Time remaining: 2:02:22 23. If a company borrows money from a bank, the interest paid on this loan should be reported on the statement of cash flows as a(n): Financing activity This is not reported in the statement of cash flows. Operating activity Noncash investing and financing activity. Investing activity 22. Which of the following items is reported on the statement of cash flows under financing activities? Stock split. Declaration of a stock dividend. Declaration of a cash dividend. Payment of a cash dividend. Payment of a stock dividend. 21. The payment of cash dividends never changes the balance of retained earnings. True O False
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