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Question 20 (3 points) How do we classify cash payment of dividends and cash sale of equipment on a statement of cash flows respectively? Cash

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Question 20 (3 points) How do we classify cash payment of dividends and cash sale of equipment on a statement of cash flows respectively? Cash payment of dividends is classified as investing activities and cash sale of equipment is classified as financing activities. Cash payment of dividends is classified as financing activities and cash sale of equipment is classified as investing activities. Both are classified as financing activities. Both are classified as investing activities

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