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Question 5 1 pts Fjord Arts Company uses IFRS to prepare its financial reporting. During 2022, Fjord Arts Company had the following transactions related
Question 5 1 pts Fjord Arts Company uses IFRS to prepare its financial reporting. During 2022, Fjord Arts Company had the following transactions related to cash flows: Dividends received 16,000 Interest paid 20,000 Interest received 42,000 With regard to the above information, which of the following is an acceptable classification as part of preparation of the statement of cash flows in 2022? Cash from operating activities Cash from/(used by) investing activities A. $0 B. $58,000 C. $0 D. ($20,000) Option B Option D Option A $42,000 ($20,000) $38,000 $58,000
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