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Assume that ABC Corporation uses the indirect method to depict cash flows from operations. Indicate...

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Question

Accounting

Assume that ABC Corporation uses the indirect method to depict cash flows from operations. Indicate where, if at all, treasury stock purchased with cash would be classified on the statement of cash flows.

a.

Does not represent a cash flow.
b.

Investing activities section.
c.

Financing activities section.
d.

Operating activities section.

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