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On the statement of cash flows, which of the following are considered operating activities? I. Depreciation II. Decrease in accounts payable. III. Purchase of equipment.
On the statement of cash flows, which of the following are considered operating activities?
I. Depreciation
II. Decrease in accounts payable.
III. Purchase of equipment.
IV. Dividends paid.
A. I and III only
B. III and IV only
C. I and II only.
D. I, III, and IV only.
E. I, II, III, and IV
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