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Posted on Oct 18, 2024

Company ABC spent $ 1 0 0 , 0 0 0 on motor vehicles ` The company borrowed $ 1 5 0 , 0 0

Company ABC spent $

100, 000

on motor vehicles

`

The company borrowed $

150, 000

out of which it financed the moto vehicle purchase. The financial manager has asked

you in an interview under which business activities would you classified these two transactions?

Investment Activity

Dividend Activity

Non

-

Current Asset Activity

Operating Activity

Financing Activity

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