Patel Company reported the following items in its statement of cash flows presented using the indirect method a Issuance of common stock b Cash paid for interest c Sold equipment for cash d Receipt of cash dividend on investment e Repayment of principal on long term debt f Loss on disposal of equip...

Patel Company reported the following items in its statement of cash flows presented using the indirect method.

Question:

Patel Company reported the following items in its statement of cash flows presented using the indirect method.
a. Issuance of Cash paid for interest
c. Sold equipment for cash
d. Receipt of cash on investment
e. Repayment of principal on long-term debt
f. Loss on disposal of equipment.

Required:
Indicate whether each item should be classified as a cash flow from operating activities, a cash flow from investing activities, or a cash flow from financing activities.
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...