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Butte Company recognized $24,000 of revenue on the cash sale of merchandise that cost $11,000. How will the sale be reported on the statement of
Butte Company recognized $24,000 of revenue on the cash sale of merchandise that cost $11,000. How will the sale be reported on the statement of cash flows? Multiple Choice Cash inflow from investing activities Cash inflow from operating activities Cash inflow from financing activities Cash inflow from principal activities
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