Question

Molson Coors Brewing Company is the world's fifth largest brewer. In the United States, its tie to the magical appeal of the Rocky Mountains is one of its most powerful trademarks. Some of the items included in its recent annual consolidated statement of cash flows presented using the indirect method are listed here. Indicate whether each item is disclosed in the Operating Activities, Investing Activities, or Financing Activities section of the statement or use Not Applicable if the item does not appear on the statement. (Note: This is the exact wording used on the actual statement.) 1. Purchase of stock. [This involves repurchase of the company's own stock.] 2. Principal payment on long-term debt. 3. Proceeds from sale of properties. 4. Inventories (decrease). 5. Accounts payable (decrease). 6. Depreciation and amortization.

Answer 1

Classification

1	Purchase of stock	Financing activities
2	Principal payment on long term debt	Financing activities
3	Proceeds from sale of properties	Investing activities
4	Inventories (decrease)	Operating activities
5	Account payable (decrease)	Operating activities
6	Depreciation and amortization	Operating activities