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Part 1. Indicate whether each of the following items of a firm would be associated with a cash inflow (I), cash outflow (O), or noncash
Part 1. Indicate whether each of the following items of a firm would be associated with a cash inflow (I), cash outflow (O), or noncash item (N) and under which category each would be reported on a statement of cash flows: Operating Activities (OA), Investing Activities (IA), Financing Activities (FA), or not on the statement (NOS). CLASSIFIED REPORTED UNDER ASI, O or N OA, IA, FA or NOS ITEM 1. Cash the firm paid to suppliers 2. Sale of inventory to customer on account 3. Proceeds from issuing common stock 4. Purchase of land with a loan 5. Principal payment made on long-term debt 6. Depreciation on equipment 7. Purchase of common stock issued by another company as an investment 8. Interest paid on the firm's debt 9. Purchase of new equipment with cash 10. Dividends paid by the firm to shareholders 11. Sale of treasury stock by the firm
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