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Which of the following is true regarding the statement of cash flows? a Financing activities for corporations include lending money and buying shares. b Investing
Which of the following is true regarding the statement of cash flows?
a Financing activities for corporations include lending money and buying shares.
b Investing activities involve collecting the necessary funds to operate the business.
c The purchase of equipment is an example of a financing activity.
d Revenues are increases in economic resources that result from a businesss operating activities.
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