Classification of Cash Flows
Indicate whether each of the following items would be classified as (1) an operating activity, an investing activity, or a financing activity or (2) as a noncash transaction or noncash item.
(a) Cash collected from customers.
(b) Cash paid to suppliers for inventory.
(c) Cash received for interest on a nontrade note receivable.
(d) Cash received from issuance of stock.
(e) Cash paid for dividends.
(f) Cash received from bank on a loan.
(g) Cash paid for interest on a loan.
(h) Cash paid to retire bonds.
(i) Cash paid to purchase stock of another company as a long term investment.
(j) Cash received from the sale of a business segment.
(k) Cash paid for property taxes.
(l) Cash received for dividend revenue.
(m) Cash paid for wages.
(n) Cash paid for insurance.
(o) Preferred stock retired by issuing common stock.
(p) Depreciation expense for the year.
(q) Cash paid to purchase machinery.
(r) Cash received from the sale of land.