During 2016, the Following Items Were Reported on the Mickey

question 40

Essay

During 2016, the following items were reported on The Mickey Company's statement of cash flows in millions of dollars.
Required:
For each item, identify the type of activity it is (operating, investing, financing) and the effect it would have on the statement of cash flows. The operating activities section is prepared using the indirect method. Enter "+" if the item is added or "-" if the item is subtracted. Do not enter dollar amounts.

---

Definitions:

Merkel Cells

Specialized cells found in the skin that are involved in the sense of touch, particularly in detecting pressure and texture.

Receptive Field

The specific area within the visual world that elicits a response from any sensory neuron.

Lamellated Corpuscles

Pressure receptors in the skin and other organs that respond to deep pressure and vibration.

Ruffini Corpuscles

Sensory receptors in the skin that respond to stretch and sustained pressure.