Business
Business, 23.08.2020 01:01, mrtroll9145

Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows: 1.
A. Repurchase of common stock
B. Cash received from customers
C. Payment of accounts payable
D. Retirement of bonds payable
E. Purchase of equipment
F. Purchase of inventory for cash
2.
A. Purchase of investments
B. Disposal of equipment
C. Payment for selling expenses
D. Collection of accounts receivable
E. Cash sales
F. Issuance of bonds payable

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Answers: 3

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