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d. debt to total assets ratio. 18. In the cash flow statement, the activities that affect cash flows are listed in the following order. a.

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d. debt to total assets ratio. 18. In the cash flow statement, the activities that affect cash flows are listed in the following order. a. investing, financing, operating b. operating, financing, investing c. financing, operating, investing d. operating, investing, financing 19. A transaction involving a loss on the sale of equipment affects cash provided (used) by a. operating activities and investing activities. b. operating activities and financing activities. C. financing activities and investing activities. d. operating activities, financing activities, and investing activities. 20. One major purpose of the cash flow statement is to provide information about a. the firm's profitability. b. the firm's cash receipts and payments during a period. c. the firm's resources and claims against those resources. d. changes in retained earnings

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