1. Purchasing treasury stock for cash is what type of activity on the statement of cash flows?

   	a.	Operating
   	b.	Investing
   	c.	Financing
   	d.	Non-cash investing and financing

2

Noncash investing and financing activities are not used to compute the change in cash on the statement of cash flows even though they are reported on the statement

True

False

3

The loss on sale of equipment would show up as a decrease in cash in the operating activities section of the statement of cash flows.

True

False

4

Which of the following would increase cash flow on the statement of cash flows ?

	a.	purchase of plant, property and equipment
	b.	decrease in inventory
	c.	increase in accounts receivable
	d.	payment of long-term debt