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EXERCISE CASH FLOW QUESTION 1 - indicate which part will be affected: operating, investing, financing i. Depreciation Expense ii. Proceeds from the sale of equipment

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EXERCISE CASH FLOW QUESTION 1 - indicate which part will be affected: operating, investing, financing i. Depreciation Expense ii. Proceeds from the sale of equipment used in the business iii. The Loss on the sale of Equipment iv. Declaration and payment of dividends on company's stock v. Gain on the sale of Automobile formerly used in the business. vi. The proceeds from the sale of the automobile vii. An increase in the balance in a retailer's Merchandise Inventory. vili. An increase in the balance in Accounts Payable. ix. Retirement of long-term Bonds Payable X. Purchase of Treasury Stock (company's own stock) xi. The purchase of a new delivery truck to be used in the business xii. A decrease in the current liability Income Taxes Payable xiii. The proceeds from issuing additional Common Stock. xiv. The amortization of the cost of an intangible asset XV. The exchange/conversion of long-term bonds into common stock

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