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3. GAAP a. b. c. Is the distance between two objects. Is a set of guidelines for preparing managerial reports in the United States. Is a set of guidelines for preparing financial reports in the United States. 1-10. Cash Flow Activity Classification Classify each activity as financing, investing, or operating: 1. Repay a loan from a bank. 2. Sell merchandise from a storefront operation. 3. Dispose of an old delivery truck. 4. Pay rent on a company warehouse. 5. Repurchase shares of stock from stockholders. 6. Pay utilities. a tho following
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Answer #1
1 Financing
2 Operating
3 Investing
4 Operating
5 Financing
6 Operating

Cash flow from financing activities is those activities which are external activities that allow a firm to raise capital and also Repayment of those capital. Cash flow from operating activities are those activities where amount of money a company brings/Spents in from the ongoing regular business activities, such as manufacturing and selling goods or providing a service.Cash flow from investing activities is amounts spent on investments in capital assets, such as plant and equipment.

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