$57.400 QUESTION 9 In preparing a statement of cash flows, which of the following would be considered an investing actity? Sale of equipment at book value Sale of merchandise on credit O Declaration of cash dividend Issuance of bonds payable at a discount QUESTION 10 Current assets are presented in the balance sheet in O Ascending order of their balances O Descending order of their balances O Order of their liquidity O Reverse order of their liquidity QUESTION 11