Identify Whether Each of the Following Is an Operating, Investing

question 6

Essay

Identify whether each of the following is an operating, investing, or financing cash outflow or inflow or if it is a noncash flow, under GAAP.

Purchase marketable equity securities
Dividends on marketable equity securities
Wages to employees
Depreciation
Issuance of new stock
Interest paid
Goodwill amortization
Acquisition of company using purchase accounting
Sale of land
Tax paid on sale of land
Cash paid by customers

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Definitions:

Covalent

Pertaining to chemical bonds formed by the sharing of one or more pairs of electrons between atoms.

Ionic

Relating to ions; typically describes chemical bonds formed between atoms when electrons are transferred, resulting in charged particles.

Metallic

Pertaining to elements that exhibit metallic properties, including luster, conductivity, and malleability.

Intermolecular

Pertaining to the forces or interactions that occur between molecules, affecting their physical properties and behaviors.