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Activity Operating Investing Financing a. Collected cash from customers X b. Pai

ID: 2598630 • Letter: A

Question

Activity

Operating

Investing

Financing

a.

Collected cash from customers

X

b.

Paid cash to repurchase its own stock

c.

Borrowed money from a creditor

d.

Paid suppliers for inventory purchases

e.

Repaid the principal amount of a debt

f.

Paid interest to lenders

g.

Paid a cash dividend to stockholders

h.

Sold common stock

i.

Loaned money to another entity

j.

Paid taxes to the government

k.

Paid wages and salaries to employees

l.

Purchased equipment with cash

m.

Paid bills to insurers and utility providers

Activity

Operating

Investing

Financing

a.

Collected cash from customers

X

b.

Paid cash to repurchase its own stock

c.

Borrowed money from a creditor

d.

Paid suppliers for inventory purchases

e.

Repaid the principal amount of a debt

f.

Paid interest to lenders

g.

Paid a cash dividend to stockholders

h.

Sold common stock

i.

Loaned money to another entity

j.

Paid taxes to the government

k.

Paid wages and salaries to employees

l.

Purchased equipment with cash

m.

Paid bills to insurers and utility providers

Explanation / Answer

Activity Operating Investing Financing a. Collected cash from customers X b. Paid cash to repurchase its own stock X c. Borrowed money from a creditor X d. Paid suppliers for inventory purchases X e. Repaid the principal amount of a debt X f. Paid interest to lenders X g. Paid a cash dividend to stockholders X h. Sold common stock X i. Loaned money to another entity X j. Paid taxes to the government X k. Paid wages and salaries to employees X l. Purchased equipment with cash X m. Paid bills to insurers and utility providers X

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