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The following cash transactions occurred in five real-world companies: a. During the third quarter of...

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The following cash transactions occurred in five real-world companies: a. During the third quarter of 2016 (May1 through September 30) Ford Motor Company paid approximately $31.5 billion in expenses related to the production for the vehicles it sold. b. IBM purchased the mobile and cloud-based web properties of The Weather Company in 2016. Assume this was a cash transaction. C. Apple, Inc. borrowed $12 billion in 2016 by issuing bonds payable (long-term debt). d. Whole Foods Market, Inc. collected $15.7 billion in cash from sales it made during its 2016 fiscal year. e. During its 2016 fiscal year, Microsoft Corporation paid $11 billion of dividends. 1. In January 2017, McDonald's, Inc. announced plans to sell a major stake in its operations in China and Hong Kong for $1.7 billion. Assume the sale was for cash and that it was completed in 2017 REQUIRED: Determine if each of the transactions should be classified as an operating, investing, or financing activity on the Statement of Cash Flows. Also, identify the amount of each cash flow an it was an inflow or outflow

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Accounting