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For Each of the Following, Identify Whether It Would Be

Question 164

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For each of the following, identify whether it would be disclosed as an operating (O), financing (F), or investing (I) activity on the statement of cash flows under the indirect method.

Premises:
Purchased buildings
Sold Patents
Net income
Issued Common Stock
Paid cash dividends
Depreciation expense
Responses:
operating (O)
financing (F)
investing (I)

Correct Answer:

Purchased buildings
Sold Patents
Net income
Issued Common Stock
Paid cash dividends
Depreciation expense
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