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the following true or false questions using the drop down menus provided. 1 pts Cash flows from financing activities include those cash flows with respect

the following true or false questions using the drop down menus provided. 1 pts Cash flows from financing activities include those cash flows with respect to paying previously declared dividends. [Select] A company reported an increase in accounts payable and an increase in inventory during 2018. True or false: cash collected from customers equals COGS minus both the increase in accounts payable and the increase in inventory. [Select] A company with a net loss on the income statement will always have a net cash outflow from operating activities. [Select] The only difference between the direct method and indirect method is how the operating section of the statement of cash flows is prepared. [Select] D Question 2 1 pts During Year 1, Catarina Clothing Co. reported the following: Long-term debt repayments, $502 million Interest paid, $147 million Proceeds from sale of stock, $26 million Issuance of common stock in exchange for land costing $18 million. What is the Year 1 net cash flow from financing activities? Indicate outflows with a negative sign. Write your final answer in millions (Ex: If your final answer is 10 million, put "10", not "10,000,000")image text in transcribed

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