The following transactions occurred for a company during the year.
a. Purchased a 6-month certificate of deposit
b. Purchased a 90-day Treasury bill
c. Issued 10,000 shares of common stock
d. Purchased 5,000 shares of stock of another company
e. Purchased 10,000 shares of its own stock to be held in the treasury
f. Invested $10,000 in a money market fund
g. Sold 1,500 shares of stock of another company
h. Purchased 10-year bonds of another company
i. Issued 20-year bonds
j. Repaid a 9-month bank note

Using the following legend, indicate how each of the above transactions would be reported on the statement of cash flows.
II = inflow from investing activities
OI = outflow from investing activities
IF = inflow from financing activities
OF = outflow from financing activities
CE = classified as a cash equivalent and included with cash for purposes of preparing the statement of cash flows

  • CreatedMarch 11, 2015
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