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    Business
  3. Study Set
    Contemporary Accounting
  4. Exam
    Exam 7: Presentation of Cash Flows
  5. Question
    Cash Received from the Sale of Long-Term Assets Is Reported
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Cash Received from the Sale of Long-Term Assets Is Reported

Question 17

Question 17

Multiple Choice

Cash received from the sale of long-term assets is reported as:


A) operating activities.
B) financing activities.
C) an adjustment to shareholders' equity.
D) investing activities.

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