Cash flows of operating activities are the case flows from transactions that affect the debt and equity of the company?

• True

• False

The direct method reports operating cash inflows (receipts) and cash outflows (payments) as follows

• True

• False

Cash flows from financing activities show the cash inflows and outflows related to changes in a companys long-term liabilities and stockholders equity.

• True

• False

The disadvantage of cash payback method is that it analyzes cash flows.

• True

• False