Question: Identification of Operating, Investing, and Financing Activities The items listed below were found on the 2011 statement of cash flows of Chevron Corporation , a company engaged in the exploration, production, refining, and distribution of petroleum products. For each item, indicate which section of the statement should contain the item-the operating, investing, or financing section. Does Chevron use the direct or indirect method for reporting cash flows from operating activities?
a. Capital expenditures
b. Proceeds from issuances of long-term debt
c. Net income
d. Net (increase) decrease in operating working capital
e. Cash dividends-common stock
f. Acquisition of Atlas Energy
g. Proceeds from asset sales
h. Net borrowings (payments) of short-term obligations
i. Depreciation, depletion, and amortization
j. Repayments of long-term debt and other financing obligations.