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Which of the following statements regarding the statement of cash flows is correct? Multiple Choice Cash dividends paid are classified as cash outflows from operating
Which of the following statements regarding the statement of cash flows is correct?
Multiple Choice
Cash dividends paid are classified as cash outflows from operating activities.
Receipts of cash dividends are classified as cash inflows from operating activities.
Purchases of property and equipment for cash are classified as a cash inflow from activities.
A company with a net loss on the income statement will always have a net cash outflow from operating activities.
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