Classify transactions as a financing and investing activity

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Reference no: EM131519374

Question: Below are typical transactions for Caterpillar Inc.

Type of Business Activity Transactions

1. ________ Pay for advertising.

2. ________ Pay dividends to stockholders.

3. ________ Collect cash from customer for previous sale.

4. ________ Purchase a building to be used for operations.

5. ________ Purchase equipment.

6. ________ Sell land.

7. ________ Receive a loan from the bank by signing a note.

8. ________ Pay suppliers for purchase of supplies.

9. ________ Provide services to customers.

10. ________ Invest in securities of another company

Required: Indicate whether each transaction is classified as a financing, investing, or operating activity.

Reference no: EM131519374

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