Question

Matching Items Reported to Cash Flow Statement Categories (Indirect Method)

Reebok International Ltd. is a global company that designs and markets sports and fitness products, including footwear, apparel, and accessories. Some of the items included in its recent annual consolidated statement of cash flows presented using theindirect method are listed here.
Indicate whether each item is disclosed in the Operating Activities (O), Investing Activities (I), or Financing Activities (F) section of the statement or (NA) if the item does not appear on the statement. (Note: This is the exact wording used on the actual statement.)
_____ 1. Dividends paid
_____ 2. Repayments of long-term debt
_____ 3. Depreciation and amortization
_____ 4. Proceeds from issuance of common stock to employees
_____ 5. [Change in] Accounts payable and accrued expenses
_____ 6. Cash collections from customers
_____ 7. Net repayments of notes payable to banks
_____ 8. Net income
_____ 9. Payments to acquire property and equipment
_____ 10. [Change in] Inventory

Answer 1

Answer and Explanation:

The matching is as follows:

1. It is a financing activity

2, It is also a financing activity

3. It is an operating activity

4. It is a financing activity

5 It is an operating activity

6. It is NA

7. It is a financing activity

8. It is an operating activity

9. It is an investment activity

10. It is an operating activity

In this way, it should be matched with the transactions given in the question

The same would be relevant and considered