Indicate Whether Each of the Following Activities Would Be Reported

question 12

Essay

Indicate whether each of the following activities would be reported on the statement of cash flows as an operating activity,an investing activity,a financing activity,or does not appear on the statement of cash flows.
(a) Cash paid for building
(b) Cash paid to suppliers
(c) Cash paid for dividends
(d) Cash received from customers
(e) Cash received from the sale of capital stock.
(f) Cash received from the sale of a building
(g) Borrowed cash from a bank

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Definitions:

Currency Exchange Rates

The value of one currency for the purpose of conversion to another, indicating how much one currency is worth in terms of another.

Equivalent Amount

A sum of money or value that is considered equal in worth or value to another sum or item.

First Column

Typically refers to the first vertical set of cells in a spreadsheet or table, often containing categories or identifiers for rows.

Profit-Sharing Plan

A company program that gives employees a share in the profits, typically in the form of bonuses or stock options.