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6 of 40 -12.5 Current Attempt in Progress Ace Company had the following transactions during the month of April. Indicate whether the items would be

6 of 40<> -12.5 Current Attempt in Progress Ace Company had the following transactions during the month of April. Indicate whether the items would be reflected in the statement of cash flows as a(n): operating activity, investing activity, or financing activity. a. Collected cash from customers in exchange for services performed b. Borrowed money from the High Country Bank c. Purchased equipment for cash d. Purchased goods for resale by paying cash e. Paid cash to employees f. Repaid loan to High Country Bank

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