Question: Analyse the below transactions and indicate whether each transaction resulted in a cash flow from operating activities, investing activities, financing activities, or a noncash investing

Analyse the below transactions and indicate whether each transaction resulted in a cash flow from operating activities, investing activities, financing activities, or a noncash investing and financing activity.

Declared and paid a cash dividend of $25 000

Answer 1

Choose...

Operating activity

Financing activity

Investing activity

Paid $18 000 on accounts payable

Answer 2

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Operating activity

Financing activity

Investing activity

Receipt of interest on notes receivable

Answer 3

Choose...

Operating activity

Financing activity

Investing activity

Merchandise is sold to customers for cash

Answer 4

Choose...

Operating activity

Financing activity

Investing activity

Cash is paid to purchase inventory

Answer 5

Choose...

Operating activity

Financing activity

Investing activity

Sold a long-term investment with a cost of $15 000 for $15 000 cash

Answer 6

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