Question: 2. Far each event listed below, seled the appropriate cat egary which describes the effect af the event an astatement of cash flaws: a. Canh

2. Far each event listed below, seled the appropriate cat egary which describes the effect af the event an astatement of cash flaws: a. Canh pravided / used by operat ing activities. b. Cish provided / used by investing activities. c. Cash provided / used by financing activities. d. Not a cash flaw.

1. Payment an lang-term debt 2. Issuance of bands 3. Collection of cash from accounts receivable 4. Hiring of a new employee 5. hssuance ofstockto acquire land 6. Cash received forservices provided 7. Payment of emplayees'wages 8. Issuance afshare capital -ardinary for cash 9. Payment of income taxes payable 10. Purchase ofequipment . 11 Purchase oftreasurystack 12 Sale ofIong-term investment The following items were taken from the financial stat ements af Horace, Inc, averathreeyear periad: Item 2018 2017 2016 Net Sales OMR 355,000 OMR 340,000 OMR 300,000 Cast of Goods Sald 214000 202,000 186,000 Gross Profit QMR 141,000 OMB 138 000 OME 114.000 Irstructiors Compute the fullawing for each of the above time periads, using horeontal an alys is. a. The amount and percentage change trom 2016 to 2017. b. The amount and percentige change fram 2017to 2018.

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