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3) The distinction of operating, investing and financing cash flows on the cash flow statement is generally arbitrary for thrifts and most other financial institutions,

3) The distinction of operating, investing and financing cash flows on the cash flow statement is generally arbitrary for thrifts and most other financial institutions, since most of their activities are financial in nature. Prepare a cash flow statement of a thrift with imaginary figures.

~~~~ The subject accounting of financial institution ~~~

~~~~~~ I NEED NEW ANSWERS PLZ ~~~~

the question doesn't have any numbers we spouse to put imaginary numbers and figures, hope you got the answer

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