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Author Question: Financing activities include issuing and repaying debt, loans made and collected, issuing and ... (Read 68 times)

jlbond23

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on: Feb 5, 2023

Question 1

When an asset is sold at a gain or loss, the book value of the asset is reported as a sale in the investing section of the statement of cash flows.
◦ true
◦ false

Question 2

Financing activities include issuing and repaying debt, loans made and collected, issuing and repurchasing stock, and paying dividends.
◦ true
◦ false
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by jlbond23 on Feb 5, 2023

KobyRhoads

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Reply #1 on: Feb 5, 2023
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jlbond23

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Reply 2 on: Feb 5, 2023
Thanks for the timely response, appreciate it

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