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Match each of the following items to the section (a-d) of the statement of cash flows (indirect method) where it would be reported. Each section
Match each of the following items to the section (a-d) of the statement of cash flows (indirect method) where it would be reported. Each section may be used more than once. Acquisition of treasury stock Payment of dividends Sale of fixed assets at book value Distribution of stock dividend 1. Operating activities section Amortization expense 2. Investing activities section Amortization expense > 2. Investing activities section Increase in inventory 3. Financing activities section 4. Schedule of noncash financing and investing activities Issuance of preferred stock Retirement of long-term debt Net income Purchase of equipment Purchase of patents
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