Classification of Cash Flows

For each of the following items, indicate whether the cash flows relates to an operating activity, an investing activity, or a financing activity.

Financing, Investing, or Operating?

QUESTION 1 Notyetanswered mmnmnnm y Flagqueson Classication ofCash Flows For each of the following items, indicate whether the cash ows relates to an operating activity, an investing activity, or a nancing activity. b. Sale of long-term investments for cash a. Cash receipts from customers for services rendered [A (. Acquistion of PPE for (ash [ c d. Payment of income taxes [ c l e. Bonds payable issues for cash 1'. Payment of (ash dividends dedared in previous year = g. Purchase of shorteterm investments (net cash equivalents) for cash [ 6 1 Save Answers QUESIIDN 2 Answersaved Paimsmlr af1.0D P Flagquainn Operating Cash Flows [Direct Method) [3 iculate the ca 5h flow for each of the following cases. a Cash paid rur renl: s 0 Rent expense $130,000 Prepaid rent, beg year 22,000 Prepaid rent. end ofyear 16,000 in. Cash received as inlerest S 0 interest income $31,000 interest receive ble, hegyear 5,000 interest receive ble, end of year 7,600 c. Cash paid furrnerchandise purchased. S 0 Cost of goods sold $174,000 inventum Deg, year 38,000 inventory, end of year 46,000 AcKuunt payable, beg, year 22,000 Accounts payable, end afyear 16,000 l Previous page I Save All 5W