Financing activities include (a) the purchase and sale of long-term assets, (b) the purchase and sale of short-term investments, and (c) lending and collecting on loans.

Question

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Financing activities include (a) obtaining capital from owners and creditors, (b) payment of dividends, and (c) issuing and repurchasing of stocks and bonds. Item (a) in the statement refers to investing activities, while items (b) and (c) refer to operating activities.

Financing Activities Include (A) the Purchase and Sale of Long-Term