Exer_on_OIF_activities - Chapter 13 Review Problem...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
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)
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 12/17/2008 for the course AEM 2210 taught by Professor Little,j. during the Fall '07 term at Cornell.

Ask a homework question - tutors are online