Statement of cash flows Obj. 5 Indicate whether each of the following activities would be reported on the statement of cash flows as

(a) an operating activity,

(b) an investing activity, or

(c) a financing activity:

1 Cash received by issuing common stock. 3 Cash paid for land and building.

2 Cash received for fees earned from customers. 4 Cash paid for dividends.

AppendixLO1