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

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

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

    2. Purchase of merchandise for resale.

    3. Payment of a note payable

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

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