Chapter F14 Quiz on list on 1 on 2 K Destiny Corporation is preparing its statement of cash flows by the indirect method. Destiny has the following items for you to consider in preparing the statement: i (Click the icon to view the items.) Identify each item as a(n): Operating activity-addition to net income (O+) or subtraction from net income (0-) Investing activity-cash inflow (1+) or cash outflow (1-) Financing activity-cash inflow (F+) or cash outflow (F-) Activity that is not used to prepare the indirect statement of cash flows (N) a. Increase in accounts payable b. Payment of dividends C. Decrease in accrued liabilities d. Issuance of common stock e. Gain on sale of building f. Loss on sale of land Question 2 of 2 g. Depreciation expense h. Increase in merchandise inventory i. Decrease in accounts receivable J. Purchase of equipment This quiz: 5 point(s) possible This question: 2 point(s) possible Submit quiz

(1) (Click the loen lo view the lierns) identy pach ilom as s(a) - Cperating activijuadisian to het inoome (+) or kuttaction from net inceme (1) + Irvesting activity- rash infow {1+j er cach ouchew (1) - Finencing actvily-eath infow (F+) or damh bethow (f)-1 - Actrily that is not used to ptepare the indirect stalement of cash fover (N) (1) (Click the loen lo view the lierns) identy pach ilom as s(a) - Cperating activijuadisian to het inoome (+) or kuttaction from net inceme (1) + Irvesting activity- rash infow {1+j er cach ouchew (1) - Finencing actvily-eath infow (F+) or damh bethow (f)-1 - Actrily that is not used to ptepare the indirect stalement of cash fover (N)