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Page 1: cash flows from operating activities. cash flows from financing activities cash flows from investing activities Question 4 (1 point) Assume that the Gordon

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Page 1: cash flows from operating activities. cash flows from financing activities cash flows from investing activities Question 4 (1 point) Assume that the Gordon Corporation uses the indirect method to determine cash flows Indicate where. if at all, collected accounts receivable would be classified on the statement of cash flows 10 11 12 13 14 Financing activities section The collection of accounts receivable does not affect the statement of cash 16 17 flows Investing activities section Operating activities section 19 20 2 22 23 24 Question 5 (1 point) Save 25 26 2 Assume that Casper Corporation uses the indirect method to determine cash flows Indicate where, if at all, the retirement of long-term debt with cash would be classified on the statement of cash flows Question 8 (1 point) Broccl Company issued common stock for proceeds of $192.000 during 2014. The company paid dividends of $34,000 and issued a long-term note payable for $45.000 in exchange for equipment during the year. The company also purchased treasury stock that had a cost of $8,000 10 111 The financing section of the statement of cash flows will report net cash inflows of 13 14 $184,000. $150.000 $158.000 $195,000 17 19 20 21

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