Question

Below are typical transactions for Caterpillar Inc.
Type of business activity Transactions
1. _____________________ Pay for advertising
2. _____________________ Pay dividends to stockholders
3. _____________________ Collect cash from customer for previous sale
4. _____________________ Purchase a building to be used for operations
5. _____________________ Purchase equipment
6. _____________________ Sell land
7. _____________________ Receive a loan from the bank by signing a note
8. _____________________ Pay suppliers for purchase of supplies
9. _____________________ Provide services to customers
10. ____________________ Invest in securities of another company

Required:
Indicate whether each transaction is classified as a financing, investing, or operating activity.



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  • CreatedJuly 15, 2014
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