Below is a list of cash inflows and outflows for Buckle Corporation: 1. Cash fro

Question

Below is a list of cash inflows and outflows for Buckle Corporation: 1. Cash from the issuance of debt ___________ 2. Cash from interest ___________ 3. Cash to lenders for interest ___________ 4. Cash to purchase property ____________ 5. Cash to repay debt ______________ 6. Cash from the collection of loans __________ 7. Cash from the issuance of debt __________ 8. Cash to employees for wages _____________ 9. Cash from the sale of marketable securities ___________ 10. Cash to pay dividends ______________ 11. Cash from sale of goods to customers _______________ 12. Cash to others for expenses ________________ 13. Cash to purchase investments _________________ 14. Cash to government agencies for taxes _________________ 15. Cash from sale of plant _________________

Required: I. Indicate where each of the cash flows above would appear on the statement of cash flows for Buckle Corporation. Select from:

a. Cash inflows from operating activities

b. Cash outflows from operating activities

c. Cash inflows from investing activities

d. Cash outflows from investing activities

e. Cash inflows from financing activities

f. Cash outflows from financing activities

Explanation / Answer

1) e

2) a

3) b

4) d

5) f

6) e

7) e

8) b

9) c

10) f

11) a

12) b

13) d

14) b

15) c

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