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Below are typical transactions for Hewlett - Packard. Required: Select the type of business activity as financing, investing, or operating for each transaction of Hewlett
Below are typical transactions for HewlettPackard.
Required:
Select the type of business activity as financing, investing, or operating for each transaction of HewlettPackard.
Pay workers' salaries.
Pay for research and development costs.
Pay taxes to the IRS.
Sell common stock to investors.
Are they operating, investing or financing?
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