Question: Below are typical transactions for Caterpillar Inc.
Type of Business Activity Transactions
1. ________ Pay for advertising.
2. ________ Pay dividends to stockholders.
3. ________ Collect cash from customer for previous sale.
4. ________ Purchase a building to be used for operations.
5. ________ Purchase equipment.
6. ________ Sell land.
7. ________ Receive a loan from the bank by signing a note.
8. ________ Pay suppliers for purchase of supplies.
9. ________ Provide services to customers.
10. ________ Invest in securities of another company
Required: Indicate whether each transaction is classified as a financing, investing, or operating activity.