Reference no: EM132965374

Problem 1: The financing activities section of the cash flow statement:

Select one:

a. Shows a decrease in cash flow when a machine is purchased

b. Is prepared differently under the direct method and the indirect method

c. None of the available choices

d. Tracks cash received from and paid back to investors and lenders

Problem 2: Buying or selling long-term assets is reflected in the:

Select one:

a. Investing activities section of the cash flow statement

b. Financing activities section of the cash flow statement

c. Operating activities section of the cash flow statement

d. Current assets section of the balance sheet