For each of the transactions listed below, indicate whether it is an investing (I) or financing (F) activi on the cash flow statement. Also, indicate if the transaction increases (+) or decreases (-) cash.
Definitions:
Total Revenue
The total income generated by a firm from its sales of goods or services, calculated as quantity sold times price.
Elastic
A term used to describe a situation where the demand or supply for a good or service significantly changes in response to a change in price.
Inelastic
Describes a situation in demand or supply where the quantity demanded or supplied changes by a smaller percentage than the changes in price.
Illinois Commerce Commission
A regulatory agency in Illinois responsible for overseeing utility services, including electricity and gas, to ensure fair practices and rates for consumers.
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