The statement of cash flows categorizes like transactions for optimal reporting.
Identify each item as a(n):
a. Operating activity-addition to net income (O+) or subtraction from net income (O-)
b. Investing activity-cash inflow (I+) or cash outflow (I-)
c. Financing activity-cash inflow (F+) or cash outflow (F-)
d. Non-cash investing and financing activity (NIF)
e. Activity that is not used to prepare the indirect statement of cash flows (N)