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Classify the following cash flows as either operating, Investing, or financing activities, assuming the indirect method. Cash Flow 1. Cash paid to purchase investments
Classify the following cash flows as either operating, Investing, or financing activities, assuming the indirect method. Cash Flow 1. Cash paid to purchase investments Activity 2. Paid cash dividends 3. Paid long-term debt with cash 4 Paid cash for rent 5 Issued common stock for cash 6. Paid cash for wages and salaries 7. Received cash interest on a note. 8 Paid cash for property taxes on building 9 Paid accounts payable with cash 10. Received cash from sale of land.
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