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NayaSadak
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Posted on 12-11-07 5:27
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in a statement of cash flows, which of the following events would not be classified as an operating acctivity?
a) purchase of a trading security -------------------Financing
b) receipt of a chas dividend ---------- financing
c) payment of interst on a bond issue ------------------ _ operating
d) proceeds from the sale, at a gain, of aa available for sale security---------------- finincing.
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gundaa
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Posted on 12-11-07 6:22
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carixma
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Posted on 12-11-07 8:08
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thankx guys...
but the answer was D...
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flyhigh
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Posted on 12-11-07 8:17
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when confused like this...always remember longest answers are usually the right ones
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carixma
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Posted on 12-11-07 8:32
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hehe..
ya my prof also used to tell me this... so whenever i m confused i always search for the long option.
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rituman
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Posted on 12-11-07 8:35
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ok.. the problem with the question is, what type of company u r working on to make a cash statement is? for a trading company, a) would be b classified as an operating activity for a mutual fund, c) would be included as an OA for merchandise company, d) would be an OA
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