Carnival Corporation & plc is one of the largest cruise companies in the world with such well-known brands as Carnival Cruise Lines, Holland America Line, and Princess Cruises. Classify each of the following items found on the company’s 2008 statement of cash flows according to whether it would appear in the Operating Activities section (O), in the Investing Activities section (I), or in the Financing Activities section (F). The company uses the indirect method in the Operating Activities section of its statement.
______ 1. Dividends paid
______ 2. Proceeds from issuance of other long-term debt
______ 3. Depreciation and amortization
______ 4. Additions to property and equipment
______ 5. Purchases of treasury stock, net
______ 6. Net income