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.
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.
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