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The cash purchase of a controlling interest in a firm requires disclosure on the consolidated statement of cash flows as a(n) A. Investing activity and

The cash purchase of a controlling interest in a firm requires disclosure on the consolidated statement of cash flows as a(n)

A. Investing activity and in the schedule of noncash financing and investing activity.

B. investing activity only.

C. financing activity and in the schedule of noncash financing and investing activity.

D. financing activity only.

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