Question: QS 1 6 - 1 ( Algo ) Classifying transactions by activity LO C 1 Classify the following cash flows as either operating, investing, or

QS 16-1(Algo) Classifying transactions by activity LO C1
Classify the following cash flows as either operating, investing, or financing activities, assuming the indirect method.
\table[[Cash Flow,Activity],[1. Paid long-term debt with cash.,],[2. Paid cash dividends.,],[3. Received cash payments from customers.,],[4. Purchased inventories with cash.,],[5. Paid cash interest on outstanding notes.,],[6. Received cash dividends from investments.,],[7. Paid accounts payable with cash.,],[8. Sold stock investments for cash.,],[9. Cash paid to purchase investments.,],[10. Received cash from long-term debt issuance.,]]
QS 1 6 - 1 ( Algo ) Classifying transactions by

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