Classification of cash flows
Which of the three categories would these items fall into: operating (O), investing (I), or financing (F)
Sale of common stock (F)
Sale of land (I)
Purchase of treasury stock (F)
Merchandise sales (O)
Issuance of a long-term note payable (F)
Purchase of merchandise (O)
Repayment of note payable (O)
Employee salaries (O)
Sale of equipment at a gain (O)
Issuance of bonds (F)
Acquisition of bonds of another corporation (I)
Payment of semiannual interest on bonds payable (O)
Payment of a cash dividend (F)
Purchase of a building (O)
Collection of nontrade note receivable (principle amount) (I)
Loan to another firm (I)
Retirement of common stock (F)
Income taxes (O)
Issuance of a short-term note payable (F)
Sale of a copyright (I)
I have indicated my answers in parenthesis. Any help would be appreciated.
Thank you