Use the following information in answering questions 38-40. Assuming U.S. GAAP, use the following data...

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Use the following information in answering questions 38-40. Assuming U.S. GAAP, use the following data to answer the questions: Net Income Depreciation Taxes paid Interest paid Dividends paid Cash received from sale of company building Issuance of preferred stodk Repurchase of common stock Purchase of machinery Issuance of bonds Debt retired through issuance of common stock Paid off long-term bank borrowing Profit on sale of buildin S45 75 25 10 40 35 30 20 50 45 15 20 38. What is the cash flow from operation A. $100. B. S 120. C. $150 D. $180 39. What is the cash flow from investment activities? A. $20 B. S40 C. $60 D. $80 40. What is the cash flow from financing activities? A, $20 B. S30 C. $40 D. S50

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