67. Cash flows for financing activities do NOT include: a. proceeds from issuing common stock b. proceeds from issuing bonds c. payment of dividends d. receipt of dividends 68. Which of the following statements about the statement of cash flows is FALSE? The direct method provides more information than the indirect method Firms can use either the direct or the indirect method of reporting operating activities Cash flows from operating activities is larger if the indirect method is used rather than the direct method. If firms use the direct method, they must also provide a reconciliation of net income and operating cash flows (i.e., the indirect method). a. b. c. d