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Cheez. Inc. produces, markets, and distributes a wide variety of products to customers in many countries. Its products include cheese, fluid milk, yogurt, dairy ingredients,
Cheez. Inc. produces, markets, and distributes a wide variety of products to customers in many countries. Its products include cheese, fluid milk, yogurt, dairy ingredients, and snack cakes. The following items were taken from its recent statement of cash flows. Note that different companies use slightly different titles for the same item. Without referring to Exhibit 15.5, mark each item in the list as a cash flow from operating activities (O), investing activities (I), or financing activities (F). Put parentheses around the letter only if it is a cash outflow (1) Cash paid to suppliers (2) Cash received from customers (3) Dividends paid (4) Issuance of share capital (5) Interest paid (6) Proceeds from disposal of investment (7) Purchases of property, plant, and equipment (8) Repurchase of share capital
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