Choose the combination that best reflects the appropriate classification of cash received from operating,investing and financing activities. Operating Investing Financing
A) Cash paid by customers Sale of operational assets Issuance of bonds payable
B) Dividends received Cash paid by customers Issuance of bonds payable
C) Sale of operational assets Dividends received Cash paid by customers
D) Issuance of bonds payable Sale of operational assets Dividends received

Question

Quizplus · Accepted Answer

Cash received from operating activities includes cash from customers for goods or services provided. 
Cash received from investing activities includes cash from the sale of operational assets such as property, plant, and equipment. 
Cash received from financing activities includes cash from the issuance of bonds payable.

Choose the Combination That Best Reflects the Appropriate Classification of Cash