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2. a) The payment of a cash dividend and the issuance of a stock dividend are both considered financing activities. (True or False) b) When

2.

a) The payment of a cash dividend and the issuance of a stock dividend are both considered financing activities. (True or False)

b) When preparing a statement of cash flows (indirect method), an increase in taxes payable would result in an addition to net income. ( True or False)

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