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):
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____ (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.

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Definitions:

Leadership

The act of guiding or influencing a group towards achieving a common goal through vision, action, and motivation.

Shared Influence

A situation where decision-making power and influence are distributed among members of a group or organization rather than centralized in a single leader.

Specialized Role

A position that requires a specific set of skills or expertise unique to a particular job or context.

Deliberate Influence

The intentional exertion of power or effect on others to bring about desired outcomes.