Chapter 1, Problem 12E

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 Operating, Investing, or Financing activities. Put parentheses around the letter if it is a cash outflow and use no parentheses if it’s un 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