Chapter 6, Problem 6.16BE

Classification as Operating, Investing, or Financing Activity on the Statement of Cash Flows. IFRS. A list of cash receipts and cash payments for Axis Communications follows. Classify each amount as operating investing or financing, assuming that Axis Communications reports under IFRS Use the direct method.

Cash Receipt or Payment	Classification
Cash receipts from interest	_____________
Cash payments for principal on debt	_____________
Cash receipts from customers	_____________
Cash payments tor property plant and equipment and other productive assets	_____________
Cash receipts from the sale of debt and equity securities of other entities	_____________