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Problem 6-12 points Selected transactions for the Eldon Company are listed below. For each transaction indicate if it is operating, investing or financing and if

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Problem 6-12 points Selected transactions for the Eldon Company are listed below. For each transaction indicate if it is operating, investing or financing and if it increases or decreases cash flow. Use the following symbols: Operating O Investing l Financing Noncash N Increases Decreases For example: Decrease in accounts payable. ncrease in accounts receivable 1. 1 Declared and paid dividends on common stock 3 3 Repaid five year note payable. 4 +F Issued stock for equipment. 5. N Sold long-term investments for cash Sold merchandise inventory to customers

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