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Classify the following cash flows as operating, investing, or financing activities 1. Paid cash for property taxes on building. 6. Received cash from sale of
Classify the following cash flows as operating, investing, or financing activities 1. Paid cash for property taxes on building. 6. Received cash from sale of land at a loss 2. Paid cash dividends. 7. Received cash interest on a note 3. Paid cash for wages and salaries. S. Paid cash interest on outstanding notes 4. Purchased inventories for cash. 9. Issued common stock for cash 5. Received cash payments from customers. 10. Sold long-term investments for cash
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