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Identify Which Section the Statement of Cash Flows (Using the Indirect

Question 135

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Identify which section the statement of cash flows (using the indirect method)would present information regarding the following activities: (Use O for operating,I for investing,or F for financing):

Premises:
Issued bonds
Issued preferred stock
Redeemed bonds
Purchased patents
Sold equipment.
Net income
Issued common stock
Sold long-term investment.
Purchased treasury stock
Paid cash dividends
Purchased buildings
Responses:
investing(I)
operating(O)
financing(F)

Correct Answer:

Issued bonds
Issued preferred stock
Redeemed bonds
Purchased patents
Sold equipment.
Net income
Issued common stock
Sold long-term investment.
Purchased treasury stock
Paid cash dividends
Purchased buildings
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