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For Each of the Following, Identify Whether It Would Be

Question 157

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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:
Receipt of dividends
Issuance of the company’s common stock
Amortization expense
Payment of dividends
Net income
Purchase of equipment
Responses:
financing
Operating
Investing

Correct Answer:

Receipt of dividends
Issuance of the company’s common stock
Amortization expense
Payment of dividends
Net income
Purchase of equipment
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