Question: Which of the following items would be classified as operating activities on the statement of cash flows? a. Payments for inventory, payments for salaries, cash
Which of the following items would be classified as operating activities on the statement of cash flows?
a. Payments for inventory, payments for salaries, cash received from the sale of goods
b. Proceeds from borrowing, payments of dividends, and purchases of supplies
c. Payments on loans, payments for taxes, payments for rent
d. Acquisitions of equipment, payment of dividends, revenue
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