choose either Operating Activities section (O), Investing Activities section (I)

Question

choose either Operating Activities section (O), Investing Activities section (I), or Financing Activities (F). Assume the use of the direct method in the Operating Activities section. ............................. 1. Repayment of long-term debt......................... 2. Purchase of equipment.................... 3. Collection of customers account..................... 4. Issuance of common stock............... 5. Purchase of another company................. 6. payment of dividends................ 7. Payment of income taxes........................ 8. Sale of equipment...............

Explanation / Answer

1. Repayment of long-term debt...........O.............. 2. Purchase of equipment.............I....... 3. Collection of customers account............O......... 4. Issuance of common stock........F....... 5. Purchase of another company.........I........ 6. payment of dividends........F........ 7. Payment of income taxes...........O............. 8. Sale of equipment.......O........

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.