On the Statement of Cash Flows Prepared Under the Indirect

question 92

Multiple Choice

On the statement of cash flows prepared under the indirect method,activities that affect stockholders' equity and long-term debt are classified as:

• A)operating activities.
• B)investing activities.
• C)financing activities.
• D)free cash flows.

---

Definitions:

Variable Substitution

In mathematics, this involves replacing variables with other variables or values to simplify expressions or solve equations.

Mathematical Expression

A combination of numbers, operations, and sometimes variables that represents a mathematical relationship or value.

Exponentiation

The mathematical operation involving the raising of a number to the power of another number.

Mathematical Expression

A combination of numbers, operations, and symbols forming a meaningful equation or inequality.