Identify the type of cash flow activity for each of the following events (operating, investing, or financing):
a. Redeemed bonds
b. Purchased patents
c. Purchased buildings
d. Purchased treasury stock
e. Sold long-term investments
f. Paid cash dividends
g. Issued common stock
h. Issued preferred stock
i. Net income
j. Issued bonds
k. Sold equipment
Answer:
a. financing
b. investing
c. investing
d. financing
e. investing
f. financing
g. financing
h. financing
i. operating
j. financing
k. investing
a. Redeemed bonds
b. Purchased patents
c. Purchased buildings
d. Purchased treasury stock
e. Sold long-term investments
f. Paid cash dividends
g. Issued common stock
h. Issued preferred stock
i. Net income
j. Issued bonds
k. Sold equipment
Answer:
a. financing
b. investing
c. investing
d. financing
e. investing
f. financing
g. financing
h. financing
i. operating
j. financing
k. investing
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