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1. Cash dividends received and interest received are investing inflows. T/F? 2. NSC Corporation has invested in 10% of the outstanding stock of VC Corporation.
1. Cash dividends received and interest received are investing inflows.
T/F?
2. NSC Corporation has invested in 10% of the outstanding stock of VC Corporation. NSC intends to actively manage this investment. This investment is classified as:
Select one:
a. a long-term equity investment
b. a long-term debt investment
c. a short-term equity investment
d. a short-term debt investment
e. a consolidated investment
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