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Statement of cash flows reports cash receipts (inflows) and cash payments (outflows) for a period. This report classifies cash flows into operating, investing, and

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Statement of cash flows reports cash receipts (inflows) and cash payments (outflows) for a period. This report classifies cash flows into operating, investing, and financing activities. Define "operating activities" and provide at least three examples. Define "investing activities" and provide at least three examples. Define "financing activities" and provide at least three examples. What the importance of the statement of cash flows?

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