Operating activities: Cash flow from operating activities includes cash effects of transactions that determine net income.
Investing activities: Cash flow from investing activities includes procuring and recovering loan amount, acquisition and disposal of property, plant and equipment and investments.
Financing activities: Cash flow from financing activities include cash effects of transactions which involve owner’s equity and liabilities.
Given information: The required data has been presented in the question.
To classify: To classify the items mentioned in the given information as Operating, Investing, Financing, or significant noncash investing and financing activities, using the direct method.
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Intermediate Accounting 16E Binder Ready Version With Wiley Plus Blackboard
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