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For each of the following situations, identify whether the activity is an operating, investing, or financing activity and com

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Answer #1
O/I/F Amount of cash flow Increase/Decrease
a I 160,000 +
O 19,000 -
b O 140,000 +
c O 27,000 +

c) Cash flows from operating activities = Net income + Increase in accounts payable - Increase in Accounts receivable

= 29,000 + 3,000 - 5,000

= $27,000

Kindly comment if you need further assistance. Thanks

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