Question 1 Classify business activities Consider the following business activities of McDonald's. H Type of Activity 1. McDonald's receives cash from customers paying for fries. 2. McDonalds purchased an ice cream machine. 3.1 Paid to repair the ice cream machine. 4.1 McDonalds received money from the bank to finance the purchase of ten new cash registers. 5.1 McDonalds issued shares to raise funds (money) for a planned expansion. 6. Repaid a portion of the bank loan. 7. Paid wages to McDonald's employees. 8.1 Paid dividends to McDonald's shareholders. H 1 D A Instructions Classify each of the above items by type of business activity: operating (O), investing (1), or financing (F)

Instructions- Classify each of the above items by type of business activity: operating (O), investing (1), or financing (F). The first one has been done for you as an example