Homework Answers
Financing activities are the activities to get the finance for the business or to repay the finance. It also includes payment of interest and dividend.
Investing activities are the activities of purchasing or selling assets or investments. It also includes receipt of investment income.
Operating activities are the activities of business operations related to manufacturing, purchasing and selling of merchandise and administration and marketing functions.
1. Repay the loan from a bank - Financing activity since it is repayment of finance
2. Sell merchandise from a storefront operations - Operating activity since it is sell of merchandise
3. Dispose of old delivery truch - Investing activity since it is sell of asset.
4. Pay rent of a company warehouse - Operating activity as it is related to operations of day to day business
5. Repurchase shares of stock from shareholders - Financing activity as it is related to finance of the business
6. Pay utilities - Operating activity as it is related to operations of day to day business.
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