Matching
Identify which section the statement of cash flows (using the indirect method) would present information regarding the following activities: (operating, investing, financing):
Premises:
Purchased buildings
Issued bonds
Sold equipment.
Paid cash dividends
Redeemed bonds
Sold long-term investment.
Purchased treasury stock
Net income
Issued preferred stock
Purchased patents
Issued common stock
Responses:
operating
financing
investing
Correct Answer:
Premises:
Responses:
Purchased buildings
Issued bonds
Sold equipment.
Paid cash dividends
Redeemed bonds
Sold long-term investment.
Purchased treasury stock
Net income
Issued preferred stock
Purchased patents
Issued common stock
Premises:
Purchased buildings
Issued bonds
Sold equipment.
Paid cash dividends
Redeemed bonds
Sold long-term investment.
Purchased treasury stock
Net income
Issued preferred stock
Purchased patents
Issued common stock
Responses:
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