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.
a. purchased buildings
b. sold patents
c. net income
d.issued common stock
e.paid cash dividends
f. depreciation expense

Question

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. 
a. purchased buildings 
b. sold patents 
c. net income 
d.issued common stock 
e.paid cash dividends 
f. depreciation expense

Quizplus · Accepted Answer

The Answer of 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. 
a. purchased buildings 
b. sold patents 
c. net income 
d.issued common stock 
e.paid cash dividends 
f. depreciation expense

For Each of the Following, Identify Whether It Would Be