Matching Items Reported to Cash Flow Statement Categories (Indirect Method)
Coors Brewing Company, founded in 1873, is the third largest U.S. brewer. 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 (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. Purchase of stock. [This involves repurchase of its own stock.] |
________ 2. Principal payment on long-term debt. |
________ 3. Proceeds from sale of properties. |
________ 4. Inventories (decrease). |
________ 5. Accounts payable (decrease). |
________ 6. Depreciation, depletion, and amortization. |
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