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Assume that Mango Corporation uses the indirect method to depict cash flows. Indicate where, if at all, land and building purchased with cash would

 

Assume that Mango Corporation uses the indirect method to depict cash flows. Indicate where, if at all, land and building purchased with cash would be classified on the statement of cash flows. a. Operating activities section. b. Investing activities section. c. Financing activities section. d. Does not represent a cash flow.

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