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Classification of Cash Flows:  For each of the following items, indicate whether the cash flow relates to an operating activity, an investing activity, or a financing activity. Cash receipts from customers for services rendered Sale of long-term investments for cash Acquisition of PPE for cash Payment of income taxes Bonds payable issued for cash Payment of cash dividends declared in previous year Purchase of short-term investments (not cash equivalents) for cash

Classification of Cash Flows:  For each of the following items, indicate whether the cash flow relates to an operating activity, an investing activity, or a financing activity. Cash receipts from customers for services rendered Sale of long-term investments for cash Acquisition of PPE for cash Payment of income taxes Bonds payable issued for cash Payment of cash dividends declared in previous year Purchase of short-term investments (not cash equivalents) for cash

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Classification of Cash Flows:  For each of the following items, indicate whether the cash flow relates to an operating activity, an investing activity, or a financing activity.

    1. Cash receipts from customers for services rendered
    2. Sale of long-term investments for cash
    3. Acquisition of PPE for cash
    4. Payment of income taxes
    5. Bonds payable issued for cash
    6. Payment of cash dividends declared in previous year
    7. Purchase of short-term investments (not cash equivalents) for cash
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