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  3. Study Set
    Fundamentals of Financial Accounting Study Set 5
  4. Exam
    Exam 12: Reporting and Interpreting the Statement of Cash Flows
  5. Question
    B Darin Company Loaned $3,000,000 at 7% Interest to S
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B Darin Company Loaned $3,000,000 at 7% Interest to S

Question 41

Question 41

True/False

B. Darin Company loaned $3,000,000 at 7% interest to S. Dee Company.
B. Darin Company would report this as an investing activity on the statement of cash flows.
TRUE

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