Question

Please classify the following activities as Operating, Investing or Financing Activities. Purchase land and building for...

Please classify the following activities as Operating, Investing or Financing Activities.

Purchase land and building for new factory. __________________________

Received Interest. ________________________

Pay a Dividend to Stockholders. _____________________

Pay Supplier for Inventory Purchased. ____________________

Sell unneeded equipment. ______________________

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Answer #1

Answer -

1. Purchase land and building for new factory - Investing activity

2. Received Interest - Operating activity

3. Pay a Dividend to Stockholders - Financing activity

4. Pay supplier for inventory purchased - Operating activity

5. Sell unneeded equipment - Investing activity

Operating activities involve cash activities related to net income.

Investing activities involve cash activities related to non-current assets.

Financing activities involve cash activities related to non-current liabilities and owners’ equity.

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