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In the scientific method, which of the following is the correct order of events?
Investing Activities
Transactions involving the purchase and sale of long-term assets and other investments, not related to the entity's daily business operations.
Financing Activities
Transactions and events that affect long-term liabilities and equity of a company, reflected in the cash flows from financing section of the cash flow statement.
Operating Activities
Activities that are directly related to the day-to-day operations of a company, including sales and expenses.
Net Working Capital
The disparity between an organization's immediate assets and its short-term obligations.
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