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Match the activity on the left with the appropriate cash flow category on the right. Sale of land (purchased as an investment) for cash. A.
Match the activity on the left with the appropriate cash flow category on the right. Sale of land (purchased as an investment) for cash. A. Cash from operating activities. Collected cash from accounts receivable. B. No cash flow effect. Purchased equipment by signing a note payable. C. Cash from investing activities Repurchased common stock at the market price of $25/share. D. Cash from financing activities. Recognized amortization expense on a patent. Paid an invoice for inventory received last month. A Moving to another question will save this response
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