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The following reaction will occur via which mechanism?
Statement of Cash Flows
This document details the combined amount of cash a business gains from its day-to-day operations and outside investments, and the cash it expends on operating and investing activities over a particular period.
Indirect Method
A method of calculating cash flows from operating activities in the cash flow statement by adjusting net income for changes in non-cash accounts.
Investing Activities
Transactions involving the purchase and sale of long-term assets and other investments not considered cash equivalents.
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