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Requirement Identify each of Carter-Pierce?s transactions as operating (O). investing (I). financing (F), non-cash investing and financing (NIF). or a transaction that is not reported on the statement of cash flows (N) Indicate whether each item increases (+) or decreases (-) cash The indirect method is used for operating activities Solution a. a. Investing (Decrease) b. Operating (Increase) c. Operating (Increase) d. Operating (Decrease) e. Financing (Decrease) f. Investing (Decrease) g. Financing (Decrease) h. Operating (Decrease) i. Operating (Increase) j. Not reported k. Investing (Increase) l. Financing (Increase) m. Operating (Increase) n. Operating (Decrease) o. Financing (Decrease) p. Financing (Decrease) .

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Requirement Identify each of Carter-Pierce?s transactions as operating (O). investing (I). financing (F), non-cash investing and financing (NIF). or a transaction that is not reported on the statement of cash flows (N) Indicate whether each item increases (+) or decreases (-) cash The indirect method is used for operating activities Solution a. a. Investing (Decrease) b. Operating (Increase) c. Operating (Increase) d. Operating (Decrease) e. Financing (Decrease) f. Investing (Decrease) g. Financing (Decrease) h. Operating (Decrease) i. Operating (Increase) j. Not reported k. Investing (Increase) l. Financing (Increase) m. Operating (Increase) n. Operating (Decrease) o. Financing (Decrease) p. Financing (Decrease)

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