what is the answer from 1 through 7 please

MULTIPLE CHOICE Choose the one alternative that best completes the statement or answers the question. 1) Which of the following statements accurately descritbes the statement of cash flows? A) It shows the relative proportion of debt and assets Bt is the link between the accrual-based income statement and the cash reported on the 1) balance sheet. C) It indicates when long-term debt will mature.. D) It is the link between net income and earnings per share. 2) Which of the following describes the operating activities section of the statement of cash flows? A) It includes cash inflows and outflows related to long-term liabilities and equity B) It reports on how cash flows affect the total assets and total liabilities C) It reports cash receipts and cash payments that increase or decrease long-term assets TD) It reports on activities that create revenue or expenses for the entity's business. 27 3) Which of the following describes the financingactivities section of the statement of cash flows? A)t includes cash inflows and outflows related to long-term liabilities and equity 3) B) includes interest and dividend income and cash payments for interest expense C) It reports on activities that create revenue or expenses for the entity's business D) It includes increases and decreases in long-term assets. 4) The purchase of equipment financed by a long-term notes payable is an example of A) operating activity C non-cash investing and financing activity B) investing activity D) financing activity 5) and decreases in long-term section of the statement of cash flows includes increases 5) The assets nvesting activitles D) financing activities A) operating activities C) non-cash operating activities 67 6) Which of the following statements is TRUE of the direct and indirect methods of preparing the statement of cash flows? A) The indirect method shows three types of cash flows, but the direct method does not. B) There is no difference in the way the operating activities section is presented. C) The investing activities section is the only section that differs between the direct and indirect methods. D The indirect method and the direct method will produce the same amount of net cash provided by operating activities. 7) Which of the following will be shown under the investing activities section of the statement of cash. flows? A) issued notes payable to purchase equipment purchased treasury stock for cash Le loaned money to a third party D) paid cash dividends tostockholders