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In 2010, Garon Corp

Question 29

Multiple Choice

In 2010, Garon Corp. declared and paid $50,000 in cash dividends. This payment should be classified on Garon's statement of cash flows as a(an)


A) operating cash inflow.
B) operating cash outflow.
C) financing cash inflow.
D) financing cash outflow.
E) investing cash outflow.

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