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Home / Questions / Q 4034
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Proceeds from sale of patent is classified under which activity in Cas

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| Proceeds from sale of patent is classified under which activity in Cash Flow Statement?

A. Investing

B. Operating

C. Financing

D. Cash

Right Answer is: A

SOLUTION

• Cash flow from investing activities

• Proceeds from the sale of the patent are classified under Investing activity in Cash Flow Statement.

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