It doesn't surprise you at all that Alex is a bit confused by what these activities mean. You explain the following: Cash flows from operations are cash inflows and outflows caused by the restaurant's main business - selling food and beverages and catering Cash flows from investing are payments made to acquire long-term assets or cash received from the sale of long-term assets. Cash flows from financing reflect changes in debt, loans, or dividends. You're still getting a blank look from Alex, so you give hima series of examples to help him understand the different categories Consider each of the following items and determine whether it affects cash flows from operating, investing, or financing, and whether it is a cash inflow or a cash outflow. Then drag and drop that item into the correct bucket and click Submit Cash Outflow from Operations 1. The restaurant buys a new Cash Inflow from Operations 10-burner range and convection oven. 2. You pay off the mortgage on the building. 3. You obtain a short-term loan from the bank 4. You pay the supplier for a shipment of meat Cash Inflow from Investing Cash Outflow from Investing S. You sell a used walk-in cooler 6. A company pays for its catering bill by giving you a check 7. You send in your quarterly estimated income tax payment Cash Inflow from Financing Cash Outflow from Financing 8. The restaurant buys a new delivery truck to be used in its growing catering business. 9. You incorporate the restaurant and sell shares of stock 10. You purchase the building next door to the restaurant so you can add more seating area for customers. Submit