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Assume That the Ecuyer Company Uses the Indirect Method to Depict

Question 119

Multiple Choice

Assume that the Ecuyer Company uses the indirect method to depict cash flows.Indicate where, if at all, stock issued for equipment would be classified on the statement of cash flows.


A) Operating activities section.
B) Investing activities section.
C) Financing activities section.
D) Does not represent a cash flow.

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