Sort the cash flows
Exercise and reference answers
- Items
- Group
- Operating
- Item
- Sales cash
- Group
- Operating
- Item
- Pay staff
- Group
- Operating
- Item
- Buy stock
- Group
- Investment
- Item
- Buy machine
- Group
- Investment
- Item
- Sell land
- Group
- Investment
- Item
- Buy shares
- Group
- Financing
- Item
- Bank loan
- Group
- Financing
- Item
- Issue stock
- Group
- Financing
- Item
- Repay debt
- Groups
- Item
- Operating
- Item
- Investment
- Item
- Financing
- Instructions
- Drop each cash movement onto operating, investing or financing.
Explanation
_Source: OpenStax Introduction to Business, Chapter 14, Using Financial Information and Accounting._
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