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q33 Grace Jones was just hired as an accounting...

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Accounting

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Grace Jones was just hired as an accounting intern at your company. Can you assist Grace and identify which of the following is not correct about the statement of cash flows? 07 Multiple Choice Paying dividends to investors creates a cash outflow from financing activities. Cash dividends received on stock investments are classified as cash flows from operating activities. Cash dividends paid are classified as cash flows from operating activities. A purchase of equipment is classified as a cash outflow from investing activities

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