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1 . An increase in merchandise inventory will reduce cash flow True False 2 . The purchase of a delivery truck will cause a decrease
An increase in merchandise inventory will reduce cash flow True False
The purchase of a delivery truck will cause a decrease in cash from investing activities True False
A decrease in Accounts Payable will increase cash flow
True False
The proceeds from the issuance of common stock will be reported as an increase in cash from financing activities True False
The proceeds from the sale of equipment formerly used in the business has a positive effect on cash flow True False
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