Use the Following Major Cash Flow Activities to Classify the Activities

question 74

Multiple Choice

Use the following major cash flow activities to classify the activities listed below:
-Issued Common Stock for cash

• A)Operating Activity, Source of Cash
• B)Operating Activity, Use of Cash
• C)Investing Activity, Source of Cash
• D)Investing Activity, Use of Cash
• E)Financing Activity, Source of Cash
• F)Financing Activity, Use of Cash
• G)Non-cash Investing & Financing Activity

---

Definitions:

Perfectly Inelastic

A demand scenario where the quantity demanded does not change regardless of price fluctuations.

Income Elasticity

A measure of how much the demand for a good changes in response to a change in consumers' income.

Inferior Good

A type of good for which demand decreases as the income of the consumer increases, in contrast to a normal good.

One-Of-A-Kind

An item or phenomenon that is unique and has no identical counterpart.