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Question 56 1.5 pts Corporation sells a patent for $1,000,000. Where would this transaction appear on the Cash Flow Statement? O Added to net income
Question 56 1.5 pts Corporation sells a patent for $1,000,000. Where would this transaction appear on the Cash Flow Statement? O Added to net income in the operating section. Deducted from net income in the operating section O Cash receipts or payment n investing activities O Cash receipts or payment in financing section O Noncash investing or financing activities or not on the CFS Question 57 1.5 pts Corporation purchases 1,000 shares of Common Stock (Treasury Stock at $20.00 Per Share. Where would this transaction appear on the Cash Flow Statement? O Added to net income in the operating section O Deducted from net income in the operating section O Cash receipt or payment in investing setion O Cash receipt or payment in financing section Noncash investing or financing activity or not on the CSF
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