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Question 8 (5 points) Listen Assume that the Longwood Corporation uses the indirect method to construct the company's statement of cash flows. Indicate where,
Question 8 (5 points) Listen Assume that the Longwood Corporation uses the indirect method to construct the company's statement of cash flows. Indicate where, if at all, a purchase of treasury stock with cash would be classified on the statement of cash flows. 1) Financing activities section. 2) Does not represent a cash flow. 3) Accounting activities section. 4) Operating activities section. 5) Investing activities section.
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