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Which cash flows relating to asset held for rental

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Reference no: EM132696693

Problem 1: Cash flows relating to asset held for rental to others are classified as

a. Operating

b. Investing

c. Financing

d. Either operating or investing

Problem 2: Cash receipts from royalties and commissions are

a. Cash outflows for operating activities

b. Cash inflows from operating activities

c. Cash inflows from investing activities

d. Cash outflows for financing activities.

Reference no: EM132696693

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