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For Each of the Following, Identify Whether It Would Be

Question 124

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For each of the following, identify whether it would be disclosed as an operating (O), financing (F), or investing (I) activity on the statement of cash flows under the indirect method.
a. Received dividends
b. Paid of dividends
c. Purchased of equipment
d. Net income
e. Issued company's common stock
f. Amortization expense

Correct Answer:

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a. O - operating
b. F - finan...

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