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Which of the following would be considered an operating activity on the statement of cash flows under the direct method? sale of inventory for cash
Which of the following would be considered an operating activity on the statement of cash flows under the direct method?
- sale of inventory for cash
- the receipt of cash from sale of equipment
- payment to purchase equipment
- dividends paid to stockholders
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Managerial Accounting
Authors: James Jiambalvo
6th edition
9781119158226, 111915801X, 1119158222, 978-1119158011
