QUESTION9 Free cash flow is a. cash flow from operations less cash used to purchase fixed assets to maintain productive capacity b.all cash in the bank c.cash from financing less cash used to purchase fixed assets to maintain productive capacity and cash assets to maintain productive capacity and cash used for dividends d. cash from operations QUESTION 10 When using the spreadsheet (work sheet) method to analyze noncash accounts, it is best to start with a. revenue b, retained earnings c. net income d. cash QUESTION 11 Cash paid for equipment would be reported on the statement of cash flows in a. the cash flows from financing activities section b.the cash flows from investing activities section c. the cash flows from operating activities section Od a separate schedule QUESTION 12 Which of the following would not be found in a schedule of noncash investing and financing activities, reported at the cash flows? a. purchase of treasury stock b. bonds payable exchanged for capital stock c. equipment acquired in exchange for a note payable d.capital stock issued to acquire fixed assets