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Question 1 20 pts Which of the following statements is true for Vaughan Widget Company? 1. Investing activities include cash received from issuing Vaughan stock
Question 1 20 pts Which of the following statements is true for Vaughan Widget Company? 1. Investing activities include cash received from issuing Vaughan stock to investors 2. Investing activities include land received in exchange for issuance of Vaughan's common stock 3. Operating activities include cash wages paid to Vaughan' employees 4. Financing activities include cash receipts of dividends from Vaughan's investments in Apple Corporation 3 only Only 1, 3, and 4 all of the choices are correct 4 only Only 3 and 4 Only 1 and 3
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