The statement of cash flows includes the following except: 1 operating activities 2 investing activities 3 financing activities 4-capital expenditures?
CAPEX is commonly found on the cash flow statement under "Investment/purchases in Plant, Property, and Equipment" or you may say that Capex is a subsection of Investing activities.
Hence I believe that the statement of cash flows includes all of the following:
operating activities
investing activities
financing activities
capital expenditures