Problem

Matching Items Reported to Cash Flow Statement Categories (Direct Method)The Australian co...

Matching Items Reported to Cash Flow Statement Categories (Direct Method)

The Australian company BHP Billiton is the world’s biggest mining company. Some of the items included in its recent annual consolidated statement of cash flows presented using thedirect method are listed here.

Indicate whether each item is disclosed in the Operating Activities (O), Investing Activities (I), or Financing Activities (F) section of the statement or (NA) if the item does not appear on the statement. (Note: This is the exact wording used on the actual statement.)

_____ 1. Proceeds from sale of property, plant, and equipment

_____ 2. Interest received

_____ 3. Repayments of loans

_____ 4. Income taxes paid

_____ 5. Proceeds from ordinary share [stock] issues

_____ 6. Dividends paid

_____ 7. Payments in the course of operations

_____ 8. Receipts from customers

_____ 9.Payments for property, plant, and equipment

_____ 10. Net income

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