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5. Operating, investing, and financing activities and cash flows Aa Aa The statement of cash flows reports a company's cash inflows and outflows for a

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5. Operating, investing, and financing activities and cash flows Aa Aa 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 Investing Financing Activities Activities Activities Ross Co.'s total accounts payable owed to suppliers on account increased from the previous year. Anderson Co.'s total raw materials inventory decreased from the previous year Merrill Inc. issued new common stock for $550,000. Matthews Industries repurchased common stock for $260,000. Smith Co. purchased a factory for $920,000. 0 00 00

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