Kiley Corporation had these transactions during 2022.
Analyze the transactions and indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing activity.
(a) Purchased a machine for $30,000, giving a long-term note in exchange.
select an option
Financing ActivitiesInvesting ActivitiesOperating ActivitiesNoncash Investing and Financing Activities
(b) Issued $50,000 par value common stock for cash.
select an option
Operating ActivitiesNoncash Investing and Financing ActivitiesFinancing ActivitiesInvesting Activities
(c) Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000.
select an option
Investing ActivitiesOperating ActivitiesNoncash Investing and Financing ActivitiesFinancing Activities
(d) Declared and paid a cash dividend of $13,000.
select an option
Financing ActivitiesInvesting ActivitiesOperating ActivitiesNoncash Investing and Financing Activities
(e) Sold a long-term investment with a cost of $15,000 for $15,000 cash.
select an option
Financing ActivitiesInvesting ActivitiesOperating ActivitiesNoncash Investing and Financing Activities
(f) Collected $16,000 from sale of goods.
select an option
Operating ActivitiesNoncash Investing and Financing ActivitiesFinancing ActivitiesInvesting Activities
(g) Paid $18,000 to suppliers.