The Buckle, Inc., operates 420 stores in 41 states, selling brand name apparel like Lucky jeans and

Question:

The Buckle, Inc., operates 420 stores in 41 states, selling brand name apparel like Lucky jeans and Fossil belts and watches. Some of the items included in its 2010 statement of cash flows presented using the indirect methods are listed here. Indicate whether each item is disclosed in the operating activities (O), investing activities (I), or financing activities (F) section of the statement or use
(NA) if the item does not appear on the statement.
_______1. Purchase of investments.
_______2. Proceeds from issuance of stock.
_______3. Purchase of property and equipment.
_______4. Depreciation.
_______5. (decrease).
_______6. Inventories (increase).

Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...