Tabares Corporation had these transactions during 2017.
Analyze the transactions and indicate whether each transaction resulted in a cash flow from operating activities, investing activities, financing activities, or noncash investing and financing activities.
| (a) |
Issued $50,000 par value common stock for cash. |
Operating ActivitiesNoncash Investing and Financing ActivitiesFinancing ActivitiesInvesting Activities |
| |
| (b) |
Purchased a machine for $30,000, giving a long-term note in exchange. |
Investing ActivitiesFinancing ActivitiesOperating ActivitiesNoncash Investing and Financing Activities |
| |
| (c) |
Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000. |
Financing ActivitiesOperating ActivitiesInvesting ActivitiesNoncash Investing and Financing Activities |
| |
| (d) |
Declared and paid a cash dividend of $18,000. |
Noncash Investing and Financing ActivitiesFinancing ActivitiesOperating ActivitiesInvesting Activities |
| |
| (e) |
Sold a long-term investment with a cost of $15,000 for $15,000 cash. |
Operating ActivitiesNoncash Investing and Financing ActivitiesFinancing ActivitiesInvesting Activities |
| |
| (f) |
Collected $16,000 of accounts receivable. |
Operating ActivitiesInvesting ActivitiesNoncash Investing and Financing ActivitiesFinancing Activities |
| |
| (g) |
Paid $18,000 on accounts payable. |
Financing ActivitiesInvesting ActivitiesNoncash Investing and Financing ActivitiesOperating Activities |