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Which of the following would be considered a cash-flow item from an operating activity? Select one: a. Cash outflow to shareholders as dividends. b. Cash

Which of the following would be considered a cash-flow item from an "operating" activity? Select one: a. Cash outflow to shareholders as dividends. b. Cash inflow to the firm from selling new common equity shares. c. Cash outflow to the government for taxes. d. Cash outflow to purchase bonds issued by another company.

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