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Which of the following is a cash flow from operating activities? A. Sale of long-term investments in common stock. B. Purchase of merchandise for resale.

Which of the following is a cash flow from operating activities?

A.

Sale of long-term investments in common stock.
B.

Purchase of merchandise for resale.
C.

Payment of a note payable.
D.

Sale of a piece of land no longer used in operations.

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