Which of the Following Events Do Not Affect Cash Flows

Multiple Choice

Which of the following events do not affect cash flows from operating activities? 1. cash sale
2) cash dividend paid
3) cash purchase of equipment
4) paid cash for inventory purchased in the previous period
5) paid cash for employees' wages

A) 2 and 3
B) only 2
C) 2, 3, and 4
D) 2 and 4