Why is the purchase of inventory for resale to customers classified as an operating activity rather than

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Why is the purchase of inventory for resale to customers classified as an operating activity rather than an investing activity?

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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Question Posted: Dec 30, 2011 05:55 AM

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Why is the purchase of inventory for resale to customers classified as an operating activity rather than

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Accounting concepts and applications

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