Answer Happy

14. Cash Flow Activities-Indicate whether each of the following would be reported as an operating investing or financing activity in the statement of cash flows: (Circle the correct Answer) a. Purchase of patent Operating Investing Financing b. Payment of cash dividend Operating Investing Financing c. Disposal of equipment Operating Investing Financing d. Cash sales Operating Investing Financing e. Purchase of treasury stock Operating Investing Financing f. Payment of wages expense Operating Investing Financing g. Retirement of bonds payable Operating Investing Financing h. Purchase of inventory for cash Operating Investing Financing i. Repurchase of common stock Operating Investing Financing J. Payment of accounts payable disposal of equipment Operating Investing Financing k Purchase of investments Operating Investing Financing Operating 1. Purchase of equipment Investing Financing Operating Investing Financing m. Payment of selling expense Operating Investing Financing n. Collection of accounts receivable Operating Investing Financing O Cash received from customers Operating Investing Financing Dissuance of bonds payable