The below items were taken from a listed companys statement of cash flows. Classify each item as
Question:
The below items were taken from a listed company’s statement of cash flows. Classify each item as operating, investing or financing. For each item state whether cash is increasing or decreasing.
1. Cash received from issue of share capital
2. Cash received from customers
3. Purchases of property, plant and equipment
4. Cash paid to suppliers
5. Cash paid for dividends to shareholders
6. Repayment of loan interest
7. Cash paid to employees
8. Cash borrowed from the bank
9. Cash proceeds received from sale of investment in another company
10. Income taxes paid
11. Repayment of loan principal
12. Dividend paid
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Operating Activities Operating activities involve cash flows directly related to the core business operations of the company Cash received from issue ...View the full answer
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Related Book For 
Financial Accounting An Integrated Approach
ISBN: 9780170411028
7th Edition
Authors: Ken Trotman, Elizabeth Carson
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