Texts:
Presented below are activities from Ford Enterprises, Inc.
Required: Please indicate whether each of these activities is classified as an operating, investing, or financing activity on the statement of cash flows.
Activity
1. Purchase of buildings with cash
2. Issuance of treasury stock
3. Payments to vendors
4. Sale of old equipment
5. Sales to customers for cash
6. Repayment of notes to bank
7. Issuance of bonds payable
8. Purchase of municipal bonds
9. Receipt of interest on municipal bonds