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QUESTION 9 Which of the following is not a primary use of the Statement of Cash Flows: O a determine the financial position of the

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QUESTION 9 Which of the following is not a primary use of the Statement of Cash Flows: O a determine the financial position of the business O b. assess the liquidity of the business O c, determine dividend policy O d. evaluate policies involving financing and investing activities QUESTION 10 Which of the following is reported as a noncash investing and financing activity on the statement of cash flows? O a. Conversion of bonds payable to stock O b. Purchase of treasury stock O c. Sale of common stock O d. Payment of a long-term debt

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