Please answer each question in the pictures and write out the full answers.

Question 1/8 1 point Which of the following activities would affect the OPERATING section of the cash flow statement this year? (Check all that apply) Selling some products for cash Buying a machine on credit Issuing shares of stock O Paying back debt Buying inventory for cash NEXT Question 2/8 1 point Which of the following activities would affect the INVESTING section of the cash flow statement this year? (Check all that apply) O Paying a dividend O Spending cash on R&D Buying a machine for cash O Depreciating a long-term asset Buying back some of your own shares NEXT Question 3/8 1 point Which of the following activities would affect the FINANCING section of the cash flow statement? (Check all that apply) O Paying a dividend Buying another company for cash Issuing long-term debt Paying your income taxes Receive cash from selling a product NEXT Question 4/8 1 point Which of the following would likely be true about the cash flow statement of a startup company? (Check all that apply) Its financing cash flows are positive Its operating cash flow is highly positive Its operating cash flow is insufficient to cover its investing cash flows It pays a lot of dividends NEXT Question 5/8 1 point Suppose a firm recognizes sales revenue of $100 on its income statement for a period. Of this amount, $80 was for cash and $20 was on credit. What is the overall impact on the operating section of this information? (Ignore the cost side of the sale) O Cash from Operations goes up by 100 O Cash from Operations goes up by 80 O Cash from Operations goes down by 20 O Cash from Operations goes up by 20 NEXT Question 6/8 1 point Suppose a firm recognizes sales revenue of $200 on its income statement for a period. Of this amount, $150 was for cash and $50 was on credit. How would this be shown on a cash flow statement that uses the INDIRECT method? (Ignore the cost side of things) O Net Income is $200 and there is an adjustment downward of $50 related to receivables Net Income is $200 and there is an adjustment downward of $150 related to receivables Net Income is $150 and there are no adjustments necessary on the cash flow statement 0 Net Income is $150 and there is an adjustment downward of $50 related to receivables NEXT Question 7/8 1 point Suppose we are looking at a cash flow statement constructed using the INDIRECT method. We see a positive adjustment in the operating section of $1000 for Depreciation. Which of the following are correct interpretations of this? (Check all that apply) Inco Income was lower by $1000 because of Depreciation expense Depreciation provided cash of $1000 The firm sold long-term assets for $1000 The firm invested $1000 of cash in long-term assets NEXT Question 8/8 1 point Suppose we are looking at a cash flow statement constructed using the INDIRECT method. We see a NEGATIVE adjustment of $5000 related to Accounts Payable. Which of the following are correct interpretations of this? (Check all that apply) The firm paid $5000 less to suppliers than they had recorded as expense on the income statement this year The firm paid $5000 more to suppliers than they had recorded as expense on the income statement this year The firm received $5000 from customers this year The firm paid $5000 to suppliers this year NEXT