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Cash used in financing activities Question 14 2 pts Payments for purchases of property.plant, and equipment and other product

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Answer #1

Ans. 14. Option C

Explanation: Transactions related to purchase of fixed assets or investments are listed as cash outflows under Investing Activities section of cash flow statement.

*Transactions related to daily operations (sales or purchase of inventory, payment of salary) = Operating Activities.

*Transactions related to issue or redemption of shares and debentures = Financing Activities.

*Selling activities are not the part of cash flow statement.

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