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    Financial Accounting Study Set 10
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    Exam 8: Long-Term Investments the Time Value of Money
  5. Question
    On the Statement of Cash Flows, the Cash Paid for 40
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On the Statement of Cash Flows, the Cash Paid for 40

Question 3

Question 3

Multiple Choice

On the statement of cash flows, the cash paid for 40% of a corporation to be accounted for under the equity method is shown as a(n) :


A) increase in financing activities.
B) decrease in financing activities.
C) increase in investing activities.
D) decrease in investing activities.

Correct Answer:

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