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Which is an example of an investing activity

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Reference no: EM133007153

Problem 1: A statement of changes in equity

a. has no relationship with the balance sheet.

b. indicates whether the cash position of the entity will permit withdrawals by the owner.

c. provides a link between the income statement and the balance sheet.

d. shows the income and expenses of the entity for a given period.

Problem 2: Which of the following is an example of an investing activity?

a. Obtaining a bank loan

b. Paying taxes to the government

c. Producing goods and services

d. Purchasing a building

Reference no: EM133007153

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