Version B 18) Cash flows that result from debt and equity financing transactions, including incurrence and repayment of debt, cash inflows from the sale of stock, and cash outflows to pay cash dividends or repurchase stock are called cash flow from A. operating activities B. investment activities C. financing activities D. miscellancous activities 19) A corporation raises $500,000 in long-term debt to acquire additional plant capacity. This is considered as A. an investment cash flow B. a financing cash flow C. a financing cash flow and investment cash flow, respectively D. a financing cash flow and operating cash flow, respectively 20) A firm has sales of $1,000,000, operating profit (EBIT) of $100,000, interest expense of $50,000, and a tax rate of 30%. Calculate net operating profit after taxes (NOPAT). A. $35,000 B. $700,000 C. $70,000 D. $45,000