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Classify the following cash flows as either Operating, Investing, or Financing activities assuming indirect method. 1. Sold stock investments for cash. Received cash from sale
Classify the following cash flows as either Operating, Investing, or Financing activities assuming indirect method. 1. Sold stock investments for cash. Received cash from sale of land. 3. Received cash from sale of equipment. 4. Cash paid to purchase short-term investments. 5. Paid long-term debt with cash 6. Received cash from short-term debt issuance. 7. Issued common stock for cash. 8. Paid cash for wages and salaries. 9. Paid cash interest on outstanding notes 10. Paid cash for utilities
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