18) After a business is up and running, information about which of the following business activities is most important?A) operating activitiesB) investing activitiesC) financing activitiesD) warehousing activities19) Which of the following activities creates revenues and expenses in a company's major line of business?A) operating activitiesB) investing activitiesC) financing activitiesD) warehousing activities20) The payment of principal amounts (excluding interest) to creditors would be reported on a statement of cash flows under the:A) operating activitiesB) investing activitiesC) financing activitiesD) either investing activities or financing activities21) The issuance of common shares for cash would be reported on a statement of cash flows under:A) the operating activitiesB) the investing activitiesC) the financing activitiesD) either investing activities or operating activities22) Which of the following is a method for reporting cash flows from operating activities that begins with net income and reconciles to cash flows from operating activities?A) cash-basis methodB) direct methodC) accrual methodD) indirect method23) Under ASPE, which of the following is not an example of an operating activity?A) dividends declaredB) dividend incomeC) interest incomeD) interest expense24) Activities that lead to an increase or decrease in long-term debt of a corporation are referred to as:A) operating activitiesB) investing activities