9 Cash dividends paid to stockholders are classified on the statement of cash flows as O Financing activity O Operating activity O Investing activity O All of the above could be correct O None of the above Question 10 Net income is $132,000, accounts payable increased during the year $10,000, inventory decreased $6,000 and accounts receivable increased $12,000. What is the cash provided by operating activity? O 136,000 O $102,000 O 112,000 O 124,000 Question 11 Items that are added back to net income in determining net cash by operating activities Do NOT include O An increase in inventory O Depreciation Amortization expense O Loss on disposal of equipment O All are included Question 12 Free cash flow provides an indication of a company's ability to O generate cash to invest in more capital expenditures O earn net income O generate cash to pay dividends O None of the above D Question 13 The following data are available for Company X Increase in accounts payable $40,000 Increase in bonds payable $100,000 Sale of investment $50,000 Issuance of common stock $60,000 Payment of cash dividends $30,000 Net cash provided by financing activities $170,000 O $90,000 O $ 130,000 O $160,000 O None of the above 13