Consider the following business activities.

Instructions
Classify each of the above items by type of business activity: operating (O), investing (I), or financing (F). The first one has been done for you as an example.

Transcribed Image Text:

1. Cash receipts from customers paying for daily ski passes 2. Payments made to purchase additional snow-making equipment 3. Payments made to repair the grooming machines 4. Receipt of funds from the bank to finance the purchase of the additional snow-making equipment 5. Issue of shares to raise funds for a planned expansion 6. Repayment of a portion of the loan from the bank (see #4) 7. Payment of interest on the bank loan 8. Payment of salaries to the employees who operate the ski lifts 9. Receipt of a grant from the government for training a group of disabled skiers 10. Payment of dividend to shareholders