Explore BrainMass
Share

Explore BrainMass

    Cash Flow Classifications

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Please help with the following problem.

    Cash Flow Classifications
    For each of the following items, indicate whether it would be classified and reported under the operating activities (OA), investing activities (IA), or financing activities (FA) section of a statement of cash flows:
    a. Cash receipts from selling merchandise
    b. Cash payments for wages and salaries
    c. Cash proceeds from sale of stock
    d. Cash purchase of equipment
    e. Cash dividends paid
    f. Cash received from bank loan
    g. Cash payments for inventory
    h. Cash receipts from services rendered
    i. Cash payments for taxes
    j. Cash proceeds from sale of property no longer needed as expansion site

    © BrainMass Inc. brainmass.com October 9, 2019, 8:41 pm ad1c9bdddf
    https://brainmass.com/economics/banking/cash-flow-classifications-159244

    Solution Preview

    Problem: For each of the following items, indicate whether it would be classified and reported under the operating activities (OA), investing activities (IA), or financing activities (FA) section of a statement of cash flows:

    a. Cash receipts from selling merchandise - OA

    b. ...

    Solution Summary

    This solution helps with a problem involving cash flow classifications.

    $2.19