Exercise 12-1 Activity Operating Investing Financing Collected cash from custome

Question

Exercise 12-1 Activity Operating Investing Financing Collected cash from customers X Example Paid cash to repurchase its own stock Borrowed money from a creditor Paid suppliers for inventory purchases Repaid the principal amount of a debt Paid interest to lenders Paid a cash dividend to stockholders Sold common stock Loaned money to another entity Paid taxes to the government Paid wages and salaries to employees Purchased equipment with cash Paid bills to insurers and utility providers Exercise 12-1 Activity Operating Investing Financing Collected cash from customers X Example Paid cash to repurchase its own stock Borrowed money from a creditor Paid suppliers for inventory purchases Repaid the principal amount of a debt Paid interest to lenders Paid a cash dividend to stockholders Sold common stock Loaned money to another entity Paid taxes to the government Paid wages and salaries to employees Purchased equipment with cash Paid bills to insurers and utility providers

Explanation / Answer

operating investing financing collected cash from customers x paid cash to repurchase own stock x borrowed money from a creditor x paid suppliers for inventory purpose x repaid principal amount of a debt x paid interest to lenders x paid a cash dividend to stockholders x sold common stock x loaned money to another entity x paid taxes to government x paid wages and salaries to employees x purchased equipment with cash x paid bills to insurers and utility providers x

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