Analyze each transaction listed below using the following header for formatting. Place Xs in the appropriate columns
Question:
Analyze each transaction listed below using the following header for formatting. Place Xs in the appropriate columns to indicate the transaction’s classification and its effect on cash flows using the indirect method.
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Cash Flow Classification Effect on Cash Flows Operating Investing Financing Noncash Transaction Activity Actity Activity Transaction Increase Decrease Effect 1. Paid a cash dividend. 2. Decreased accounts receivable. 3. Increased inventory 4. Incurred a net loss. 5. Declared and issued a stock dividend. 6. Retired long-term debt with cash. 7. Sold available-for-sale securitles at a loss. 8. Issued stock for equipment. 9. Decreased prepaid insurance. 10. Purchased treasury stock with cash. 11. Retired a fully depreciated truck (no gain or loss) 12. Increased interest payable 13. Decreased dividends receivable on investment. 14. Sold treasury stock 15. Increased income taxes payable. 16. Transferred cash to money market account. 17. Purchased land and building with a mortgage.
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A money market hedge is a technique used to lock in the value of a foreign currency transaction in a company\'s domestic currency. Therefore, a money market hedge can help a domestic company reduce its exchange rate or currency risk when conducting business transactions with a foreign company.
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