Problem: Investing activities include a) Purchases of merchandise for cash. b) Purchases of plant and equipment for cash. c) Purchases of prepaid expense items such as supplies and insurance for cash. d) Increase in accounts receivable.

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Problem Details

Investing activities include

a) Purchases of merchandise for cash.

b) Purchases of plant and equipment for cash.

c) Purchases of prepaid expense items such as supplies and insurance for cash.

d) Increase in accounts receivable.

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