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Question 22 If a company purchases land through the issuance of long-term bonds, then this is accounted for as a(n): Investing inflow O Financing outlow Operating activity Noncash investing and financing activity Question 23 When analyzing Spice Company's SCF which one of the following would not be classified as a financing or investing activity? Sale of a piece of equipment Issuance of long-term bonds payable A decrease in accounts receivable Sale of land Moving to another question will save this response. Question 24 The order of presentation of activities on the statement of cash flows is Operating, investing, and financing Operating, financing, and investing. Financing operating, and investing Financing, investing, and operating