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Match each of the following items with the appropriate definitions (A) Indirect method (B) Operating activities (C) Statement of cash flows (D) Financing activities (E)

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Match each of the following items with the appropriate definitions (A) Indirect method (B) Operating activities (C) Statement of cash flows (D) Financing activities (E) Direct method (F) Investing activities A calculation that reports net income and then adjusts the net income amount subtracting items that are necessary to yield net cash provided (used) by operating activities. A financial statement that reports the cash inflows and cash outflows for an classifies those cash flows as operating, investing, or financing activities. A calculation of the net cash provided (used) by operating activities that list operating cash receipts, and then subtracts the major items of operating cash payments. Transactions that include making and collecting notes receivable or purchase assets, or investments in other than cash equivalents and trading securities. Transactions with a company's owners and creditors that include obtaining and repaying the amounts borrowed, and obtaining cash from or distributing cash to owners Activities that involve the production or purchase of merchandise and the to customers, including expenditures related to administering the business. For each of the following items, indicate whether it would be classified as an (O) operating active a (F) financing activity, or a significant (N) noncash financing and investing activity. Received cash dividends from investments in trading securities. Collected accounts receivable from customers. Issued bonds payable for cash Paid wages to employees Issued stock for cash. Sold equipment for cash. Purchased land in exchange for a note payable. paid cash dividends. Received interest from investments in trading securities Purchases of land for cash

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