Consider the following cash flow items: Pay amount owed to bank for previous borrowing. Pay utility...

Consider the following cash flow items:

Pay amount owed to bank for previous borrowing.
Pay utility costs.
Purchase equipment to be used in operations.
Purchase office supplies.
Pay one year of rent in advance.
Pay workers' salaries.
Pay for research and development costs.
Pay taxes to the IRS.
Sell common stock to investors.

How many of these cash flow items involve investing activities?

Solutions

Expert Solution

pay amount owned to bank for previous borrowing						Financing activity
pay utilities cost						operating activities
Purchase of equipment to be used in operations						investing activities
purchase of office spplies						operating activities
pay one year of rent in advance						investing activities
pay workers salaries						operating activities
pay for research and development cost						operating activities
pay taxes to the IRS						operating activities
Sell common stock to investers						Financing activity

ekkarill92 answered 1 year ago

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