The following items were taken from a recent cash flow statement. Note that different companies use slightly
Question:
The following items were taken from a recent cash flow statement. Note that different companies use slightly different titles for the same item. Mark each item in the list as a cash flow from operating activities (O), investing activities (I) or financing activities (F).
1. Cash paid to employees
2. Cash borrowed from the bank
3. Cash proceeds received from sale of investment in another company
4. Income taxes paid
5. Repayment of loan principal
6. Cash received in return for issue of share capital
7. Cash received from customers
8. Purchases of property, plant and equipment
9. Cash paid to suppliers
10. Cash paid for dividends to shareholders
11. Repayment of loan interest
Step by Step Answer:
Cash paid to employees Operating Activities O Explanation This is a regular expense related to the o...View the full answer
Financial Accounting An Integrated Approach
ISBN: 9780170411028
7th Edition
Authors: Ken Trotman, Elizabeth Carson
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