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Find which would be considered an investing activity

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Reference no: EM132769764

Problem 1: In preparing a statement of cash flows, which of the following would be considered an investing activity?

a. sale of merchandise on credit

b. sale of equipment at book value

c. issuance of bond payable at a discount

d. repayment of long-term debt

e. none of the above

Reference no: EM132769764

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