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Identify Each of the Following Items as Operating (O),investing (I),or

question 195

Essay

Identify each of the following items as operating (O),investing (I),or financing (F)activities on the statement of cash flows(assuming the indirect method).If an item is not on the statement,please mark it as none of these (N).If the item is an inflow,please indicate by a (+), (e.g.O+,I+ or F+).If the item is an outflow,please indicate by brackets (e.g. ,<O> for operating outflow,<I> for investing outflow,and <F> for financing outflow):

____ (a)Paid an account payable for inventory purchased in the previous accounting period.
____ (b)Received cash from a customer
____ (c)Paid a dividend to stockholders.
____ (d)Paid the interest on a note payable to National Street Bank.
____ (e)Paid the principal amount due on the note payable to National Street Bank.
____ (f)Transferred cash from a checking account into a money market fund.
____ (g)Purchased equipment for cash.


Definitions:

T Test

A statistical test used to compare the means of two groups to determine if there is a significant difference between them.

ANOVA

Analysis of Variance, a statistical method used to compare means of three or more samples.

F Ratio

A statistical value used in the analysis of variance (ANOVA) to determine the ratio of variation between sample means to variation within the samples.

MSTR

Acronym for "Mean Square Between Treatments," used in analysis of variance (ANOVA) to assess how different groups' means vary from the overall mean.

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