A corporation may be profitable even if the cash flow statement reflects a decrease in cash for the year. 1) True 2) False Question 54 (1 point) Purchasing treasury stock is an investing activity" since you are investing in your own company. 1) True 2) False Question 55 (1 point) Selling stock helps a company's cash flow since stock does not have to be repurchased, compared to bonds that have to be paid back. 1) True 2) False