Question
Respond to the following in a minimum of 175 words: A statement of cash flows classifies cash receipts and cash payments into what three categories
Respond to the following in a minimum of 175 words:
A statement of cash flows classifies cash receipts and cash payments into what three categories of activity? For each category of activity, share two specific examples of both cash receipts and cash payments based on two different business scenarios of your choosing. The business scenarios you choose can be based on real or fictional companies. For example, if you chose Uber and the fictional MarksABunch Art Supplies company, you would share six examples of cash receipts and cash payments per company, each broken out into one of the three different categories of activity presented in a statement of cash flows.
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