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For Each of the Following, Identify Whether It Would Be

Question 158

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For each of the following, identify whether it would be disclosed as an operating , financing , or investing activity on the statement of cash flows under the indirect method.

Premises:
Purchased buildings
Issued Common Stock
Paid cash dividends
Depreciation expense
Net income
Sold Patents
Responses:
financing
Investing
Operating

Correct Answer:

Purchased buildings
Issued Common Stock
Paid cash dividends
Depreciation expense
Net income
Sold Patents
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