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Which section of the statement should cruise company report

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Reference no: EM133009687

Problem 1: During the current year, Cruise Company purchased bonds issued by Bus Company. Cruise Company prepares its statement of cash flows using the indirect method. In which section of the statement should Cruise Company report the purchase?

Option 1: Investing activities.
Option 2: Supplemental disclosures.
Option 3: Operating activities.
Option 4: Financing activities.

Reference no: EM133009687

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