Classify each of these transactions by type of cash flow activity (operating, investing, or financing). (hint: refer to illustration 12-1.) 1. issued $160,000 of bonds payable. choose the type of cash flow activity 2. paid utilities expense. choose the type of cash flow activity 3. issued 500 shares of preferred stock for $45,000. choose the type of cash flow activity 4. sold land and a building for $250,000. choose the type of cash flow activity 5. loaned $30,000 to dead end corporation, receiving dead end’s 1-year, 12% note. choose the type of cash flow activity

1 - Financing activity

2- Operating activity

3- Financing activity

4- Investing activity

5- Investing activity

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the long term assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

So the categorization is shown below:

1. Issued $160,000 of bonds payable - cash flow from financing activity

2. Paid utilities expense - cash flow from operating activity

3. Issued 500 shares of preferred stock for $45,000 - cash flow from financing activity

4. Sold land and a building for $250,000 - cash flow from investing activity

5. Loaned $30,000 to Dead End Corporation, receiving Dead End’s 1-year, 12% note. - cash flow from investing activity

wheres the chart? so i can answer.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.