Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 1 - Introduction to Financial Statements - Brief Exercises - Page 28: BE1-3


(a) O (b) F (c) F (d) O (e) I

Work Step by Step

Keep in mind where the three different types of cash flows come from: Operating flows are generated when the company performs actions in line with its primary goal (such as selling inventory when they are a grocery store). Investing flows come from buying or selling permanent assets that are not directly used in generating operating cash flows. Financing flows come from interactions between the business and its owners.
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.