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Classifying inflows and outflows of cash Classify each of the following items as an inflow ( I ) or an outflow ( O ) of
Classifying inflows and outflows of cash Classify each of the following items as an inflowI or an outflowO of cash, or neitherN
Item
Change$
Item
Change$
Cash Balance
negative
Accounts receivable
plus comma
Accounts payable
negative comma
Net profits
plus
Notes payable
plus comma
Depreciation
plus comma
Longterm debt
plus comma
Repurchase of stock
plus
Inventory
plus
Cash dividends
plus
Fixed assets
plus
Sale of stock
plus comma
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