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