16.2 Differentiate between Operating, Investing, and Financing Activities
Three Types of Activitiesβ
1. Operating Activities:
- Day-to-day business operations
- Cash from customers
- Cash to suppliers and employees
- Cash from operations
Examples:
- Cash from sales
- Cash paid to suppliers
- Cash paid for salaries
- Cash paid for expenses
2. Investing Activities:
- Purchase and sale of long-term assets
- Investments
- Loans made to others
Examples:
- Purchase of equipment
- Sale of equipment
- Purchase of investments
- Loans to others
3. Financing Activities:
- Borrowing and repaying debt
- Issuing and repurchasing stock
- Paying dividends
Examples:
- Borrowing money
- Repaying loans
- Issuing shares
- Paying dividends
Luxembourg Compliance Noteβ
Activity classification in Luxembourg:
- Must follow PCN format
- Must classify correctly
- Must comply with standards
Think It Throughβ
Why is it important to classify cash flows into operating, investing, and financing activities?