1.) On the statement of cash flows prepared under the indirect method, activities that affect stockholders equity and long term debt are classified as

a. financing activities

b. free cash flows

c. operating activities

d. investing activities

2.) On the statement of cash flows prepared with the indirect method, investing activites do not include

a. receipt of interest on investments

b. lending money to an employee

c. sale of investments that are not cash equivalents

d. collection of notes receivable

3.) Financing activities on a statement of cash flows relate to:

a. long term assets

b. current assets and long term assets

c. current liabilities and long term liabilities

d. long term liabilities and stock holders equity

4.) Land was purchased by issuing common stock. This transaction would be reported on the statement of cash flows as a(n):

a. non cash investing and financing activity

b. operating activity

c. financing activity

d. investing activity

5.) On the statement of cash flows, investing activities include:

a. repayed borrowed money

b. selling stock to stockholders

c. collecting cash on long term loans

d. obtaining cash from creditors