Under which section of a manufacturing companys cash fl ow statement are the following activities reported? Item
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Under which section of a manufacturing company’s cash fl ow statement are the following activities reported?
Item 1: Purchases of securities held for trading Item 2: Sales of securities considered cash equivalents A . Both items are investing activities.
B . Both items are operating activities.
C . Only Item 1 is an investing activity.
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Related Book For
International Financial Statement Analysis Workbook
ISBN: 9781119628095
4th Edition
Authors: Thomas R. Robinson, Elaine Henry, Wendy L. Pirie
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