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ABC Company issued 3 0 , 0 0 0 shares of common stock in January. In August, the company repurchased 5 , 0 0 0
ABC Company issued shares of common stock in January. In August, the company repurchased shares for the treasury. When reporting these transactions in the statement of cash flows, ABC Company combine them into one transaction in the activities section.
Multiple choice question.
cannot; financing
can; financing
can; investing
cannot; investing
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