21. 22. Cash paid to purchase long-term investments would be reported in the statement of cash flows in A. the cash flows from financing activities section B. a separate schedule C. the cash flows from investing activities section D. the cash flows from operating activities section Which of the following represents an inflow of cash and therefore would be reported as an increase in cash on the statement of cash flows? A. acquisition of treasury stock B. issuance of long-term debt C. declaration of stock dividends D. retirement of bond payable 23. 24. Which of the following should be shown on a statement of cash flows under the financing activities section? A. the payment of cash to retire a long-term note B. the issuance of a long-term note to acquire land C. the proceeds from the sale of a building D. the purchase of a long-term investment in the common stock of another company The order of presentation of activities on the statement of cash flows is A. operating, financing, and investing B. financing, investing, and operating C. financing, operating, and investing D. operating, investing, and financing 25. Depreciation on factory equipment would be reported in the statement of cash flows prepared by the indirect method in A. the cash flows from investing activities section B. the cash flows from operating activities section C. a separate schedule D. the cash flows from financing activities section