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3. Operating, Investing, and financing activities and cash flows The statement of cash flows reports a company's cash inflows and outflows for a given accounting

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3. Operating, Investing, and financing activities and cash flows The statement of cash flows reports a company's cash inflows and outflows for a given accounting period by categorizing the company's sources and uses of cash as either operating, investing, or financing activities. Determine whether the activities described in the following table should be categorized as operating, investing, or financing activities in the statement of cash flows. activities Investing activities Financing activities Alexander Co. purchased a factory for $920,000. Doran Industries paid preferred dividends of $28,000. Hernandez Co.'s total accounts receivable owed by customers on account decreased from the previous year. Clayton Inc. issued long-term bonds for $370,000 Sutherland Co.'s total finished-goods inventory increased from the previous year Oo oo ooo 3. Operating, Investing, and financing activities and cash flows The statement of cash flows reports a company's cash inflows and outflows for a given accounting period by categorizing the company's sources and uses of cash as either operating, investing, or financing activities. Determine whether the activities described in the following table should be categorized as operating, Investing, or financing activities in the statement of cash flows. Operating activities Investing activities Financing activities Anderson Co.'s total raw materials inventory decreased from the previous year. O Gibbons Industries paid common dividends of $56,000. Sandler Co. sold property for $71,000. Martinez Co.'s total accounts payable owed to suppliers on account increased from the previous year. olololo ooo ooooo Lamar Inc. issued new common stock for $550,000

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