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Business, 29.11.2019 01:31 datstepparoddoe27
The appleton museum, a not-for-profit organization, sells a painting donated to its collection to a private investor. the museum plans to use the proceeds associated with the sale to purchase additional works of art for display. in its statement of cash flows, the museum would typically display proceeds from the sale as cash flows from: a. temporarily restricted resources, which are not displayed on the face of the statement of cash flows. b. operating activities. c. financing activities. d. investing activities.
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