The following are several transactions and events that might be disclosed on a company's statement of cash flows:

Required: 1. Identify in which section (if any) of the statement of cash flows each of the preceding items would appear and indicate whether it would be an inflow (addition) or outflow (subtraction).

a. issuance of common stock - Select your answer - Financing activities; inflow (addition) Financing activities; outflow (subtraction) Investing activities; outflow (subtraction) Investing activities; inflow (addition) Operating activities; inflow (addition) Operating activities; outflow (subtraction) Not reported on statement of cash flows Item 1 b. purchase of building - Select your answer - Financing activities; inflow (addition) Financing activities; outflow (subtraction) Investing activities; outflow (subtraction) Investing activities; inflow (addition) Operating activities; inflow (addition) Operating activities; outflow (subtraction) Not reported on statement of cash flows Item 2 c. net income - Select your answer - Financing activities; inflow (addition) Financing activities; outflow (subtraction) Investing activities; outflow (subtraction) Investing activities; inflow (addition) Operating activities; inflow (addition) Operating activities; outflow (subtraction) Not reported on statement of cash flows Item 3 d. increase in accounts receivable - Select your answer - Financing activities; inflow (addition) Financing activities; outflow (subtraction) Investing activities; outflow (subtraction) Investing activities; inflow (addition) Operating activities; inflow (addition) Operating activities; outflow (subtraction) Not reported on statement of cash flows Item 4 e. depreciation expense - Select your answer - Financing activities; inflow (addition) Financing activities; outflow (subtraction) Investing activities; outflow (subtraction) Investing activities; inflow (addition) Operating activities; inflow (addition) Operating activities; outflow (subtraction) Not reported on statement of cash flows Item 5 f. sale of land at cost - Select your answer - Financing activities; inflow (addition) Financing activities; outflow (subtraction) Investing activities; outflow (subtraction) Investing activities; inflow (addition) Operating activities; inflow (addition) Operating activities; outflow (subtraction) Not reported on statement of cash flows Item 6 g. conversion of bonds to common stock - Select your answer - Financing activities; inflow (addition) Financing activities; outflow (subtraction) Investing activities; outflow (subtraction) Investing activities; inflow (addition) Operating activities; inflow (addition) Operating activities; outflow (subtraction) Not reported on statement of cash flows Item 7 h. increase in accounts payable - Select your answer - Financing activities; inflow (addition) Financing activities; outflow (subtraction) Investing activities; outflow (subtraction) Investing activities; inflow (addition) Operating activities; inflow (addition) Operating activities; outflow (subtraction) Not reported on statement of cash flows Item 8 i. payment of cash dividends - Select your answer - Financing activities; inflow (addition) Financing activities; outflow (subtraction) Investing activities; outflow (subtraction) Investing activities; inflow (addition) Operating activities; inflow (addition) Operating activities; outflow (subtraction) Not reported on statement of cash flows Item 9 j. issuance of a stock dividend - Select your answer - Financing activities; inflow (addition) Financing activities; outflow (subtraction) Investing activities; outflow (subtraction) Investing activities; inflow (addition) Operating activities; inflow (addition) Operating activities; outflow (subtraction) Not reported on the statement of cash flows Item 10

2. Under IFRS, how may the payment of cash dividends be classified?

As a net cash inflow from operating activities. As a net cash outflow from investing activities. As a net cash inflow from investing activities or operating activities. As a net cash outflow from financing activities or operating activities

- Select your answer - a b c d Item 11