EX 16-3 Classifying cash flows

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