Question 1: Which of the following items would be reported on a statement of cash flows using the indirect method, but not on a statement prepared using the direct method?

A) Cash paid for dividends

B) Cash received from stock issuances

C) Depreciation

D) Cash paid for purchase of treasury stock

Question 2: Cash flows from investing activities include all of the following except an:

A) Purchase of an automobile

B) Sale of a trademark

C) Purchase of stock of another company

D) Issuance of bonds