Essay
Identify whether each of the following list of items is an operating activity cash flow (O),an investing activity cash flow (I),a financing activity cash flow (F),or none of these (None).
1.________ Proceeds from sale of equipment
2.________ Cash collected from customers
3.________ Payments to suppliers
4.________ Stock repurchases
5.________ Repayment of bond principal
6.________ Payment of income tax
7.________ Purchases of bonds from other companies
8.________ Purchases of equipment financed with a note
9.________ Interest and cash dividends received
10.________ Payment of cash dividends
Correct Answer:

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1.I
2.O
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Correct Answer:
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2.O
3....
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