Exer_on_OIF_activities - Chapter 13 Review Problem Problem...

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Chapter 13 Review Problem Problem #1 Identify which section of the Cash Flow Statement these items would be classified under: (O)perating, (F)inancing, (I)nvesting, or N/A. Indicate whether it is a positive cash flow “+” or a negative “-“ cash flow. I - Purchase of Investments (LT) O + Net Income O + Depletion O +/- Change in Accounts Payable O +/- Change in Rent Payable F + Issuance of Stock I + Proceeds from sale of Equipment O + Depreciation F + Sale of Treasury Stock F + Additional Paid in Capital F - Repayment of a Bond (your own debt) O - Gain on sale of Equipment (neutralizing it out of net income)
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