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39. Direct and indirect methods. Compare the direct method and the indirect method by explaining each method. 40. Classification of cash flows and transactions. Give:

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39. Direct and indirect methods. Compare the direct method and the indirect method by explaining each method. 40. Classification of cash flows and transactions. Give: (a) Three distinct examples of investing activities. (b) Three distinct examples of financing activities. (e) Three distinct examples of significant noncash transactions. (d) Two examples of transactions not shown on a statement of cash flows

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