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Knowledge Check 01 Which of the following activities affects operating cash inflows? Multiple Choice 0 Payment of an account payable for inventory with cash. 0

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Knowledge Check 01 Which of the following activities affects operating cash inflows? Multiple Choice 0 Payment of an account payable for inventory with cash. 0 Sale of old factory equipment for cash. 0 Borrowing $10,000 from a bank using a three-year note payable and receiving cash from the bank. 0 Selling 100 units of inventory for cash Multiple Choice Question Providing information about the cash receipts and cash disbursements of an enterprise that occurred during a period is the purpose of which financial statement? Statement of cash flows O Statement of comprehensive income O Statement of operations O Statement of earnings

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