Investing activities include: (a) the purchase and sale of long-term assets, (b) lending and collecting on notes receivable, and (c) the purchase and sale of short-term investments in the securities of other entities, other than cash equivalents and trading securities.

Question

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Investing activities refer to all activities related to investing in long-term assets, lending and collecting on notes receivable, and buying and selling short-term investments in securities of other entities.

Investing Activities Include: (A) the Purchase and Sale of Long-Term