QUESTION 29 2 points Which of the following activities may be responsible for a company's reporting positive cash flows on the statement of cash flows and a net loss on its income statement? OA Depreciation pense O Exchange ofabulding for common stock OD Gains trom the leot QUESTION 30 2 points The first step in the preparation of the statement of cash flows requires the use of information included in which comparative financial statements? OA statements OB Balance sheets Oc income statements of retained ramingn QUESTION 31 A company acquired a building, paying a portion of the purchase price in cash and issuing a mortgage note payable to the seller for the balance. In amount is included in investing activities for this transac Remaining Timee 2 minutes,3 seconds. OA cash payment Question Completion Oczeru OD.Mongage amount QUESTION 32 2 points In general, which category of balance sheet items would be evaluated to locate financing activities for the statement of cash flows? OA current OC current assets OD Non current assets QUESTION 33 Smith Corporation reported beginning salaries payable of $7,500, ending salaries payable of $6.100, and salaries expense of $175,000 for 2006. Compute the amount of cash paid for salaries by Smith Corporation for 2006. Which of the following activities would be considered a cash inflow from investing activities? OACash issuance of bonds OB Cash resale of land OC Cash from performance services OD cash from sale of goods