In which of the three activity categories of a statement of cash flows would each of the following items appear and do they represent a cash inflow or cash outflow?
Use the following abbreviations:
-Cash collection on loans
A) Op Out = Operating Cash Outflow
B) Op In = Operating Cash Inflow
C) Inv Out = Investing Cash Outflow
D) Inv In = Investing Cash Inflow
E) Fin Out = Financing Cash Outflow F) Fin In = Financing Cash Inflow
Correct Answer:
Verified
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