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The company sells its accounts receivable to a nonconsolidated multi-seller securitization vehicle and receives proceeds that consist of cash and beneficial interest in the transferred
The company sells its accounts receivable to a nonconsolidated multi-seller securitization vehicle and receives proceeds that consist of cash and beneficial interest in the transferred receivables (which is classified as an available-for-sale security). A/R under the securitizatios is not in the balance sheet. Should the company classify the cash inflows related to the sale of A/R to cash flows from operating, investing, or financing activities?
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