Ask Question
4 August, 17:22

Characterize the following actions of a firm as financing, investing, or operating activities: Scenario Operating Activity Investing Activity Financing Activity __Sells a tract of land it has held for years

__Increases its use of trade credit from suppliers

__Improves profit margin and increases net income

__Issues new shares of preferred stock

__Tightens its credit policy with its customers

__Buys back shares of common stock

__Buys new equipment and machinery Issues new notes payable

Answers (1)
  1. 4 August, 17:37
    0
    1. Sells a tract of land it has held for years - Investing Activity

    2. Increases its use of trade credit from suppliers - Operating activity

    3. Improves profit margin and increases net income - Operating activity

    4. Issues new shares of preferred stock - Financing activity

    5. Tightens its credit policy with its customers - Operating activity

    6. Buys back shares of common stock - Financing activity

    7. Buys new equipment and machinery - Investing Activity

    8. Issues new notes payable - Financing activity
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Characterize the following actions of a firm as financing, investing, or operating activities: Scenario Operating Activity Investing ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
Sign In
Ask Question