Question: arning Objectives 1, 2 E16-18 Classifying items on the indirect statement of cash flows The statement of cash flows categorizes like transactions for optimal reporting

of cash flows The statement of cash flows categorizes like transactions for

arning Objectives 1, 2 E16-18 Classifying items on the indirect statement of cash flows The statement of cash flows categorizes like transactions for optimal reporting Identify each item as a(n): Operatingactivity-additiontonetincome (O+)orsubtractionfromnetincome(O-) Investing activity-cash inflow (I+) or cash outflow (I-) Financing activity cash inflow (F+) or cash outflow (F-) Non-cash investing and financing activity (NIF) Activity that is not used to prepare the indirect statement of cash flows N)

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