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First, classify each as O (operating), I (investing) or F (financing) activities. Then, indicate the effect on cash flow for each ... cash inflow,__a
First, classify each as O (operating), I (investing) or F (financing) activities. Then, indicate the effect on cash flow for each ... cash "inflow",__a cash outflow" or "no effect" on cash flows. (FYI: There are no "noncash... activities" in this problem. However, there are four activities ("O", "1" or "F") that "have no cash effect" (as in "no cash inflow or outflow"). Transaction Activity Affected Cash Inflow, Outflow or No cash flow effect. a Recorded deprecation expense on the plant assets b Incurred a loss on disposal of plant assets. C Acquired a building by paying cash. d Made principal repayments on a mortgage. e f Issued common stock. Purchased shares of another company to be held as a long-term investment (purchased with cash). g Paid cash dividends to common stockholders. h Sold inventory on credit. iPurchased inventory on credit. j Paid wages to employees.
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