Using the following answer keys, you are to identify in which activity each of the transactions is classified and its effect on cash flows.

Cash Flow Classification...using the capital letter only:

• O...Operating Activity
• I...Investing Activity
• F...Financing Activity
• OI...Operating and Investing Activity
• N...Noncash Transaction

Effect on Cash Flows...using the capital letter only:

• I...Increase
• D...Decrease
• N...No Effect

Transaction	Cash Flow Classification	Effect on Cash Flows
Declared and paid a cash dividend.
Sold short-term trading securities at a gain.
Retired fully depreciated equipment.
Sold a machine at a loss.
Purchased long-term available-for-sale securities.
Decreased accounts receivable.
Purchased 90-day Treasury bill.
Incurred a net loss.
Declared and issued a stock dividend.
Sold treasury stock.