Chapter 12, Problem 2ME

Matching Items Reported to Cash Flow Statement Categories (Indirect Method)

The Buckle, Inc., included the following in its statement of cash flows presented using the indirect method. Indicate whether each item is disclosed in the operating activities (O), investing activities (I), or financing activities (F) section of the statement or use (NA) if the item does not appear on the statement.

______ 1. Purchase of investments.

______ 2. Proceeds from issuance of stock.

______ 3. Purchase of equipment.

______ 4. Depreciation.

______ 5. Accounts payable (decrease).

______ 6. Inventory (increase).