1. Why are decision makers interested in a company's statement of cash flows?
2. What are the three classifications of the statement of cash flows?
3. What is the general definition of operating activities?
4. What is the general definition of investing activities?
5. What is the general definition of financing activities?

1. Where would cash collected from customers appear on the statement of cash flows?

1. Operating section
2. Investing section
3. Financing section
4. Supplemental schedule

2. Where would the redemption of bonds payable appear on the statement of cash flows?

1. Operating section
2. Investing section
3. Financing section
4. Supplemental schedule

3. Where would the purchase of available for sale securities appear on the statement of cash flows?

1. Operating section
2. Investing section
3. Financing section
4. Supplemental schedule

Jamison Company's income statement for 20X6 is below.

Figure 17.38Jamison Company Income Statement as of 12/31/X6

Figure 17.39Selected Balance Sheet Accounts from the Beginning and End of 20X6

Determine Jamison's cash flow from operations using both the direct and indirect methods.