16-22

MATCHING. For each of the following items, indicate whether it would be classified as an (A) operating activity, an (B) investing activity, or a (C) financing activity on the Statement of Cash Flows using the direct method. Select your answer for each item #16 - #22. Question 16 2.3 pts Paid cash dividends O No answer text provided. OA OC Question 17 2.3 pts Sale of Equipment for cash. OB OC D Question 18 2.3 pts Payment (i.e. cash) of monthly building rent. OA B Question 19 Payments to employees OB Question 20 Purchased land to be used with a factory for cash. OB Question 21 2. Signed a note payable (e.g. took out a loan at a Bank) in exchange for cash. OA OB Question 22 2.3 p Issued stock for cash. OA OB