Answer:
Only two of the listed activities classify as investing activities. The cash flow form investing activities = cash received form the sale of land + cash paid for the purchase of equipment = $190 - $5,800 = -$5,610
Explanation:
Customers $ 3,150 ⇒ operating activity
Interest on investments 290 ⇒ operating activity
<u>Sale of land 190 ⇒ investing activity </u>
Sale of Rowdy's common stock 780 ⇒ financing activity
Issuance of debt securities 2,900 ⇒ financing activity
Interest on debt $ 390 ⇒ operating activity
Income tax 170 ⇒ operating activity
Debt principal reduction 2,400 ⇒ financing activity
<u>Purchase of equipment 5,800 ⇒ investing activity </u>
Purchase of inventory 1,900 ⇒ operating activity
Dividends on common stock 470 ⇒ financing activity
Operating expenses 680 ⇒ operating activity
