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Assuming use of the direct approach for preparing a statement of cash flows, which of the following would be most likely reported as a line
Assuming use of the direct approach for preparing a statement of cash flows, which of the following would be most likely reported as a line item in the "operating activity" section?
A. Dividends paid to shareholders.
B. Cash paid for taxes.
C. Proceeds from issuing capital stock.
D. A reduction in inventory levels.
E. None of these.
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