27. Cash inflows from investing activities include a. sale of common stock. b. p

ID: 2655045 • Letter: 2

Question

27. Cash inflows from investing activities include

a. sale of common stock.

b. purchase of equipment.

c. sale of land.
d. issuance of long-term debt.

28. Operating activities do not include cash

a. inflows from revenue.

b. inflows from sale of equipment.

c. outflows for income taxes.
d. outflows for wages.

29. Which of the following would decrease net cash provided by operating activities?

a. Decrease in short-term notes payable.

b. Depreciation expense.

c. Decrease in inventory.
d. Loss on sale of equipment.

30. Noncash investing and financing activities

a. may represent significant investing and financing activities.

b. do not involve cash receipts or cash payments.

c. are disclosed on a separate schedule.

d. all of the above.

27 b. purchase of equipment. 28. b. inflows from sale of equipment. 29 a. Decrease in short-term notes payable 30 d. all of the above.

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