Learning which items belong in each category of the statement
Learning which items belong in each category of the statement of cash flows is an important first step in understanding their meaning. Use a letter to mark each item in the following list as a cash flow from Operating, Investing, or Financing activities. Put parentheses around the letter if it is a cash outflow and use no parentheses if it’s an inflow.
_____ 1. Cash paid to purchase land
_____ 2. Cash collected from clients
_____ 3. Cash received from selling equipment
_____ 4. Cash paid for dividends
_____ 5. Cash paid to suppliers
_____ 6. Cash received from issuing stock
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