Question: Select from the option list provided the best classification for each activity below. Each choice may be used once, more than once or not at

Select from the option list provided the best classification for each activity below. Each choice
may be used once, more than once or not at all. You can use the letter if you choose.
Option List
A. Operating activity
B. Investing activity
C. Financing activity
D. Noncash investing and financing activities
E. Not reported on the SCF
F. Depends on nature and purpose
Cash flow Classification
1. Purchase of available for sale securities
2. Purchase of land
3. Dividends distributed to shareholders
4. Equipment acquired through finance lease
5. Sale of trading securities
6. Collection of trade receivables
7. Equipment acquired through purchase
8. Dividends received
9. Interest paid
10. Interest received
11. Retirements of bond principle
12. Issuance of preferred shares
13. Gain/Loss on sale of equipment
14. Interest expense
15. Retirement of Bonds for Common Stock

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