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Be able to determine if the following would be a positive or negative on the statement of cash flows and which section(s) (Operating, investing, or
- Be able to determine if the following would be a positive or negative on the statement of cash flows and which section(s) (Operating, investing, or financing) each belongs:
- Gain on sale of investments (be able to calculate gains and/or proceeds)
- Building sold for cash
- Dividends paid when given total dividends declared and the beginning and ending dividends payable balance
- Change in current asset
- Change in current liability
- Purchase of a fixed asset or investment
- Depreciation expense on a fixed asset
- A bond issued for cash
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