77 of 80 -/1 UN III View Policies Current Attempt in Progress Muzeen Ltd. had the following activity during 2020: Is from the issuance of bonds payable $200,000 disposal of equipment ceeds from disposal) 18,000 jent of long-term debt 25,000 e of shares 125,000 the sale of short-term investments 75,000 What was the cash flow from financing activities? $300,000 $292,000 $325,000 $275,000 76 of 80 - / 1 NM VIEW TURCICO Current Attempt in Progress All of the following statements are true, except to analyze operations properly you need both the Statement of Income and the Statement of Cash Flows. in the long run total profits and net cash flows will be very similar. the Statement of Cash Flows considers events that the Statement of Income does not. O the Statement of Cash Flows and the Statement of Income both cover the period of a year because profits and cash flows are very similar over the period of a year. 75 of 80 > -/1 WN TIL View Policies Current Attempt in Progress A company has surplus cash available and decides to purchase a 120-day treasury bill. The correct classification of the purchase on the Statement of Cash Flows would be as an net change in cash equivalents. as a cash outflow in operating activities. O as a cash outflow in investing activities. O as a cash outflow in financing activities