Investing activities are the acquiring and disposing of resources that an organization uses to acquire and sell its products or services.
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Q55: Owner's equity is increased when cash is
Q56: Net income occurs when revenues exceed expenses.
Q57: Planning is a part of each business
Q58: Owner's investments are increases in equity from
Q59: An owner's investment increases equity via net
Q61: The income statement shows the financial position
Q62: Risk is the uncertainty about the return
Q63: The first section of the income statement
Q64: Investing activities involve the buying and selling
Q65: An income statement reports on investing and
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