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B10 Calibri 12 B AA XV fx G H 12 345 QUESTION 4: Cash Flow Classification (4 marks) Featheringtons Inc. had the following transactions
B10 Calibri 12 B AA XV fx G H 12 345 QUESTION 4: Cash Flow Classification (4 marks) Featheringtons Inc. had the following transactions during 2022. Assume that Featheringtons Inc. uses IFRS, prepares the statement of cash flow using the indirect method, and classifies dividends paid as financing activities and interest paid as operating activities on the statement of cash flows. REQUIRED: For each transaction, identify whether the transaction should be considered a cash flow from operating, investing, or financing activities, or whether the transaction is a significant non-cash activity. If the transaction does not fit any of 6 the selections, choose "NONE." 7 6829 SELECTION 10 11 12 23 13 14 15 (1). (1) Financing Activity (2). Investing Activity NONE Operating Activity (3) Significant Non-Cash Activity TRANSACTION Declaration of a 2-for-1 stock split. Stock split will be distributed in early 2023. Purchased a FV-NI investment for $5,000 cash. Purchased shares in another company as a long-term investment for $75,000 cash. Purchased equipment for $420,000 in exchange for common shares. == Calculation Mode: Automatic Q2 Q3 Q4 Q5 Q6 Cover Sheet Q1 Workbook Statistics Q7 Q8 + C 91 RE
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