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true or false 4. The expenditure of $30 million cash to obtain station rights for the next five years at Reagan National airport is a

true or false 4. The expenditure of $30 million cash to obtain station rights for the next five years at Reagan National airport is a cash outflow related to operating activities of the business. Operating activities generally include cash transactions related to revenue and expense items that are part of the core operations of the business. Therefore, this outflow will be reported in the investing section of the cash flow statement

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