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14. Why are interest income and dividend income classified as operating activities even though they arise from investments? 15. Why is interest expense classified as

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14. Why are interest income and dividend income classified as operating activities even though they arise from investments? 15. Why is interest expense classified as an operating activity even though it arises from borrowing money? 16. How should the payment of dividends be classified? Why? 17. What must be done if a company engages in a significant non-cash investment or financing activity? 2

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