Bobby Baretta Industries Ltd. , a private company reporting under ASPE , had the following selected transactions during its first year of operations . 

a). in the first column , classify each of the transactions listed below as an operating , investing , financing significant noncash investing and financing activity or not applicable to the cash flow statement . 

b). In the second column , indicate whether each of the transactions listed below would increase , decrease or have no effect on Baretta's cash flow 

 

Question 1 of 2 -/5 E Ciassincation Casn PIow 1. Issued common shares Purchased factory equipment with some of No Effect 2. the proceeds from the shares. Issued preferred shares in exchange for land Iricrease Decrease 3. and a factory building. Paid salaries to administrative staff. 4. Purchased materials inventory. All inventory 5. goes through accounts payable. Collected 95% of accounts receivable. 6. Purchased a short-term investment in bonds. Received interest on long-term investment in 7. 8. bonds. 9. Made a principal payment on a mortgage. 10. Purchased a trading investment. 11. Reacquired some common shares. 12. Recorded depreciation expense. 13. Proceeds from the sale of old equipment. 14. Declared and paid cash dividends. 15. Issued a 2-for-1 stock split.