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can you answer both those questions and explain why? Bob's books has $100,000 in the bank and receives 1% interest each year. This $1,000 interest
can you answer both those questions and explain why?
Bob's books has $100,000 in the bank and receives 1% interest each year. This $1,000 interest payment is classified as: O Investing O None o Operating O Financing Question 5 1 pts Bob decides to specialize in non-fiction books. He trades all his fiction books to Tom for a large selection of non- fiction books. This transaction is classified as which cash flow activity? O Financing O None o Operating O InvestingStep by Step Solution
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