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H3Ko H3Ko
wrote...
Posts: 4891
8 years ago
Which of the following is considered an operating activity on the statement of cash flows prepared using the direct method?
A) the receipt of cash from sale of equipment
B) sale of merchandise inventory for cash
C) payment to purchase equipment
D) dividends paid to stockholders
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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.unplugged..unplugged.
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Posts: 1272
8 years ago
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H3Ko Author
wrote...
7 years ago
I just realized you had posted this! Thanks so much
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