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Question: Which of the following can be a component of cash flows from investing activity? A. Repayment of long-term debt. B. Buying raw materials for

Question: Which of the following can be a component of cash flows from investing activity?

A. Repayment of long-term debt.

B. Buying raw materials for production of goods.

C. Sale of investment in long-term securities by non-financial firms.

D. Issue of bond.

Question 7: Which of the following statements least accurately describes the role of financial statement analysis?

A. Use the information in financial statements to make economic decisions.

B. Provide reasonable assurance that the financial statements are free of material errors.

C. Evaluate an entity's financial position and past performance to form opinions about its future ability to earn profits and generate cash flow.

D. All of the above.

Please help with both 2 questions.

Correct Answers with explanations will thump up!

thank you so much in advanced

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