How many of the above items will appear as a cash inflow, Ask an Expert

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Xanthe Corporation had the following transactions occur in the current year:

1. Cash sale of merchandise inventory.
2. Sale of delivery truck at book value.
3. Sale of Xanthe common stock for cash.
4. Issuance of a note payable to a bank for cash.
5. Sale of a security held as an available-for-sale investment.
6. Collection of loan receivable.

How many of the above items will appear as a cash inflow from investing activities on a statement of cash flows for the current year?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9418354

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