1. Which of the following is not an appropriate use of the statement of cash flows? Predict ability to pay debts B. Evaluate managers' decisions Analyze profitability and liquidity Predict future cash flows D. 2. The main types of cash flow activities are. financing, investing, operating, and free investing, operating, and financing. operating, classifying, and investing. financing, operating, classifying, and noncurrent. C. D. 3. Cash flows from interest received are reported in the statement of cash flows in the operating activities section. investing activities section. financing activities section. schedule of noncash activities. A. D. The purchase of equipment by issuing a long-term note payable for the entire amount is reported on the statement of cash flows in the 4. operating activities section. investing activities section. financing activities section. schedule of non-cash investing and financing activities. 5. Cooper's Hardware earned net income of $67,000 after deducting depreciation of $5,000 and all other expenses. Current assets decreased by S2000, and current liabilities increased by $6,000 Cooper paid $9,000 of dividends. How much was Cooper's cash provided by operating activities? A. $80,000 B. $71,000 C. $64,000 D. $54,000 6. Which of the following transactions is not a financing activity of ABC Company? A. Purchased 500 shares of stock of XYZ Corporation B. Sold 1,000 shares of treasury stock C. Borrowed $50,000 from First American Bank D. Paid dividends of $8,000