Business activities are classified as:
- Operating activities (1)
- Ordinary course of business (producing, selling goods) short-term
- Investing activities (2)
- Buying or selling long-term asset such as land, machinery
- Financing activities (3)
- Issuing debt
- Redeeming debt
- Issuing common stock
- Repurchasing common stock
- Paying cash dividend
Activity is classified depends on the nature of the firm