A List of Sources and Uses of Cash Are Given

question 1

Multiple Choice

A list of sources and uses of cash are given below. Select on the line provided whether each is an operating, investing, or financing activity.
-pay interest expense

• A)operating
• B)investing
• C)financing activity.

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Definitions:

National Government

signifies the central government of a country which holds the authority to govern and make decisions for the nation as a whole.

Federal Energy Regulatory Commission

A U.S. government agency that regulates the interstate transmission of electricity, natural gas, and oil.

Transportation

The movement of goods or people from one location to another, facilitated by various modes such as road, rail, air, or sea.

Wholesale Price

The cost of goods sold in large quantities primarily to retailers or other merchants, rather than directly to consumers.