QS 12-1 Transaction classification by activity LO C1

QS 12-1 Transaction classification by activity LO C1 Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 1. Received cash from sale of equipment 2. Cash paid to purchase long-term investments 3. Received cash from long-term debt issuance. 4. Issued preferred stock for cash. 5. Paid cash dividends 6. Received cash payments from customers 7. Purchased inventories with cash 8. Paid cash interest on outstanding notes 9. Paid cash for utilities 10. Sold stock investments for cash Financing activities Financing Activities Operating activities Operating activities Operating activities