Alfred Company manufactures men's clothing. During 20B, the company reported the following items that affected cash. Indicate whether each of these items is a cash flow from operating activities (O), investing activities (I), or financing activities (F).
Purchased equipment by paying cash: _ Collected cash on account from customers: ___ Paid dividends to shareholders: ___
Paid cash for supplies: Paid suppliers for fabric:
Borrowed money from bank on a long-term note: _ Paid interest to bank on the note: ___
Paid wages to employees: ___
Sold shares to new shareholders: ___

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The Answer of Alfred Company manufactures men's clothing. During 20B, the company reported the following items that affected cash. Indicate whether each of these items is a cash flow from operating activities (O), investing activities (I), or financing activities (F).
Purchased equipment by paying cash: _ Collected cash on account from customers: ___ Paid dividends to shareholders: ___
Paid cash for supplies: Paid suppliers for fabric:
Borrowed money from bank on a long-term note: _ Paid interest to bank on the note: ___
Paid wages to employees: ___
Sold shares to new shareholders: ___

Alfred Company Manufactures Men's Clothing