Question: A non - governmental not - for - profit organization sold investments for $ 1 0 , 0 0 0 and used the proceeds to
A nongovernmental notforprofit organization sold investments for $ and used the proceeds to pay off a loan. How should this transaction be reported in the organization's statement of cash flows?
A In cash inflow from investing activities and cash outflow from financing activities.
B In cash inflow from financing activities and cash outflow from investing activities.
C In cash inflow and cash outflow from investing activities.
D In cash inflow and cash outflow from financing activities.
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