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

Exercise 71

Matching Cash Flow Statement Items to Business Activity Categories
The Coca-Cola Company is one of the world's leading manufacturers, marketers, and distributors of nonalcoholic beverage concentrates and syrups, producing more than 500 beverage brands. Mark each item in the following list with a letter to indicate whether it is a cash flow from O perating Investing, 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. Purchases of equipment
____ 2. Cash received from customers
____ 3. Cash received from issuing stock
____ 4. Cash paid to suppliers and employees
____ 5. Cash paid on notes payable
____ 6. Cash received from selling equipment