Stanfield Inc reported the following items in its statement of cash flows presented using the indirect method a Decrease in inventory b Paid a cash dividend to stockholders c Purchased equipment for cash d Issued long term debt e Depreciation expense f Sold a building for cash Required Indicate whe...

Stanfield Inc. reported the following items in its statement of cash flows presented using the indirect method.

Question:

Stanfield Inc. reported the following items in its statement of cash flows presented using the indirect method.
a. Decrease in inventory
b. Paid a cash to stockholders
c. Purchased equipment for cash
d. Issued long-term debt
e. Depreciation expense
f. Sold a building for cash

Required:
Indicate whether each item should be classified as a cash flow from operating activities, a cash flow from investing activities, or a cash flow from financing activities.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...