Microsoft Corp. reported the following in its annual report to the Securities and Exchange Commission for fiscal

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Microsoft Corp. reported the following in its annual report to the Securities and Exchange Commission for fiscal year 2004. Classify each item as involving an operating, investing, or financing activity. Amounts are in millions.
a. Common stock dividends ............ $1,729
b. General and administrative expense ........ 4,997
c. Sales and marketing expenses......... 8,309
d. Common stock issues ............ 2,748
e. Common stock repurchases ........... 3,383
f. Sales revenue ................ 36,835
g. Research and development expenditures ..... 7,779
h. Income taxes ................ 4,028
i. Addition to property and equipment ....... 1,109
j. Accounts receivable .............. 5,890

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
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