Question: 9. value 10.00 points E2-20 Identifying Investing and Financing Activities Affecting Cash Flows LO2-6 Foot Locker, Inc., is a large global retailer of athletic footwear
9. value 10.00 points E2-20 Identifying Investing and Financing Activities Affecting Cash Flows LO2-6 Foot Locker, Inc., is a large global retailer of athletic footwear and apparel selling directly to customers and through the Internet. It includes the Foot Locker family of stores, Champs Sports, Footaction, Runners Point, and Sidestep. The following are several of Foot Locker's investing and financing activities as reflected in a recent annual statement of cash flows. Required: For each of these, select whether the activity is investing (1) or financing (F) and the direction of the effect on cash flows (+ for increases cash; - for decreases cash). Activity Type of Activity Effect on Cash a. Capital expenditures (for property, plant, and equipment). b. Repurchases of common stock from investors. c. Sale of short-term investments Issuance of common stock Purchases of short-term investments 1. Dividends paid on common stock
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