Classify the Following Activities According to the Appropriate Section of the Statement

question 102

Short Answer

Classify the following activities according to the appropriate section of the statement of cash flows.
a.Operating activity
b.Investing activity
c.Financing activity
____ 1.Cash received from a one-time sale of used office equipment.
____ 2.Cash paid for dividends.
____ 3.Cash received from customers.
____ 4.Cash received from stockholder contributions.
____ 5.Cash paid for utilities.
____ 6.Cash paid for a delivery van to be used in the business.

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Definitions:

Seed-stage Financing

Funding provided to new startups to assist in their initial development and growth phases.

Entrepreneur's

Referring to the attributes, actions, and mindset of an individual who initiates, designs, and runs a new business venture.

Customer Satisfaction

The measure of how products or services supplied by a company meet or surpass customer expectation.

Scale The Business

The process of expanding a company's operations to handle a growing amount of work or sales in an efficient manner.