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Discuss company reported following items that affected cash

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Reference no: EM131761063

Alfred Company manufactures men's clothing. During 2012, the company reported the following items that affected cash. Indicate whether each of these items is a cash flow from operating activities (O), investing activities (I), or financing activities (F) and whether it would be a cash inflow (+) or cash outflow (-) for the company.

Transaction
Activity
Flow

Purchased equipment by paying cash

Collected cash on account from customers

Paid dividends to shareholders

Paid cash for supplies

Paid suppliers for fabric

Borrowed money from bank on a long-term note

Paid wages to employees

Sold shares of stock to new stockholders

Reference no: EM131761063

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