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 dividend 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.


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  • CreatedSeptember 22, 2015
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