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IDENTIFICATION, 2 pointe ench dentity what type of activity, operatino, Investin

ID: 2541492 • Letter: I

Question

IDENTIFICATION, 2 pointe ench dentity what type of activity, operatino, Investino, or oanoino, ouch of the tollowing would be classified as on a statoment of oash flown by placino the approprinte letter in the blank beakle the activity Uso O for operatino aoivity , ror invest ng activity, nndfo' rinanoing r")"vity 1 isaued bond sold a building purchased 30% of another company's oommon stock 3. -4, had a decrease in account, payab'n 5. re-paid a loan 6. prchased treasury stook 7. Issued preferred stock 8. net income 9 10. purchased equipment paid cash dividenda

Explanation / Answer

Operating Activities : Cash flow from operating activities includes the amount of money a company brings in from ongoing, regular business activities, such as manufacturing and selling goods or providing a service.

Investing Activities : It includes cash flows related to investments in the financial markets and operating subsidiaries and investment in capital assets such as plant and equipment.

Financing Activities : It includes cash flows related to raising capital, repaying investors, adding or changing loans and issuing more stock.

1) Issue Bonds = It is an Financing Activity (F)

2) Sold a Building = It is an Investing Activity (I)

3) Purchased 30% of another company's common stock = It is an Investing Activity (I)

4) Had a decrease in accounts payable = It is an Operating Activity (O)

5) Re-paid a loan = It is a Financing Activity (F)

6) Purchased Treasury Stock =  It is a Financing Activity (F)

7) Issued Preferred Stock = It is a Financing Activity (F)

8) Net Income = It is an Operating Activity (O)

9) Paid cash dividends = It is a Financing Activity (F)

10) Purchased Equipment = It is an Investing Activity (I)