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8. In a statement of cash flows, interest paid to creditors (lenders) is classified as a cash flow from: A) Operating activities B) Trading activities

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8. In a statement of cash flows, interest paid to creditors (lenders) is classified as a cash flow from: A) Operating activities B) Trading activities C) Financing activities D) Investing activities 9. Which of the following is not correct? A) Both cash dividends and stock dividends reduce retained earnings. B) Stock dividends reduce stockholder's equity. C) Stock dividends increase common stock. D) Payment of cash dividends reduces total assets. 10. A firm's cash flow from financing activities includes: A) Cash paid to reacquire treasury stock B) Cash paid for merchandise purchased C) Cash received from sale of investment in bonds D) Cash received as interest income Focus MacBook Air

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