Problem: Which of the following transactions would be considered an investing activity on a Statement of Cash Flows? A) Purchased equipment for cash B) Sold stock for cash to stockholders C) Borrowed $200,000 on a long- term note D) Paid $45,000 for inventory for resale

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Problem Details

Which of the following transactions would be considered an investing activity on a Statement of Cash Flows?

A) Purchased equipment for cash

B) Sold stock for cash to stockholders

C) Borrowed $200,000 on a long- term note

D) Paid $45,000 for inventory for resale

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