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Rampart Inc.recorded the Following Transaction

Question 99

Multiple Choice

Rampart Inc.recorded the following transaction:
Rampart Inc.recorded the following transaction: In the statement of cash flows,this would be reported as a: A) $3 million outflow from investing activities. B) $15 million outflow from investing activities. C) $3 million outflow from investing activities and $12 million noncash investing and financing activity. D) None of these answer choices is correct.
In the statement of cash flows,this would be reported as a:


A) $3 million outflow from investing activities.
B) $15 million outflow from investing activities.
C) $3 million outflow from investing activities and $12 million noncash investing and financing activity.
D) None of these answer choices is correct.

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