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Identify Which Section the Statement of Cash Flows (Using the Indirect

Question 161

Matching

Identify which section the statement of cash flows (using the indirect method) would present information regarding the following activities:

Premises:
Issued common stock
Redeemed bonds
Issued preferred stock
Purchased patents
Net income
Paid cash dividends
Purchased treasury stock
Sold long-term investment.
Sold equipment.
Purchased buildings
Responses:
operating (O)
financing (F)
investing (I)

Correct Answer:

Issued common stock
Redeemed bonds
Issued preferred stock
Purchased patents
Net income
Paid cash dividends
Purchased treasury stock
Sold long-term investment.
Sold equipment.
Purchased buildings
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