IDENTIFICATION OF OPERATING, INVESTING, AND FINANCING ACTIVITIES The following activities took place in Tomberlin Company during the

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IDENTIFICATION OF OPERATING, INVESTING, AND FINANCING ACTIVITIES The following activities took place in Tomberlin Company during the most recent year. Indicate whether each activity is a cash inflow (+) or cash outflow (–), and whether it is an operating activity (O), investing activity (I), or financing activity (F).

(a) Payments to acquire productive assets

(b) Proceeds from the issuance of stock

(c) Interest received on loans made to outside entities

(d) Proceeds from the sale of productive assets

(e) Dividends received on investments made in the stock of other corporations

(f) Payments to other suppliers and for other expenses

(g) Payments of dividends to stockholders

(h) Payments to acquire investments in debt securities

(i) Payments for interest on loans

(j) Cash receipts from the sale of services

(k) Repayment of the principal on loans

(l) Payments for the acquisition of inventory

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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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