26 A statement of cash flows that is presented in good form is typically classified into: a. Four sections: operating activities, investing activities, net income, and financing activities Three sections: operating activities, investing activities and financing activities C. Two sections: operating activities and cash balances d. Three sections: operating activities, financing activities and cash balances QUESTION 27 A statement of cash flows prepared using the direct method would never include the following caption: a. Increase in prepaid expenses b. Cash received from the issuance of common stock C. Cash collected from customers d. Cash paid to employees 1.5 points Save Answer 1.5 points Save