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Rufus Corporation manufactures and sells bicycles. During the year, Rufus sold bicycles to customers and collected $8,000,000 in cash. What type of classification is this
Rufus Corporation manufactures and sells bicycles. During the year, Rufus sold bicycles to customers and collected $8,000,000 in cash. What type of classification is this transaction?
Select one: a. Operating activities b. Investing activities c. Financing activities d. Significant non-cash transaction e. None of the above
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