Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

Exercise 59

Matching Cash Flow Statement Items to Business Activity Categories
Tech Data Corporation is a leading distributor of computer peripherals and network solutions. The following items were taken from its recent cash flow statement. Mark each item in the following list with a letter to indicate whether it is a cash flow from O perating, I nvesting, or F inancing activities. Put parentheses around the letter if it is a cash outflow and use no parentheses if it's an inflow.
____ 1. Cash paid to suppliers and employees
____ 2. Cash received from customers
____ 3. Cash received from borrowing using a long-term note
____ 4. Cash received from issuing stock
____ 5. Cash paid to purchase equipment