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Borrowing money is an example of a/an:Group of answer choicesoperating activity.financing activity.marketing activity.investing activity.

Question

Borrowing money is an example of a/an:Group of answer choicesoperating activity.financing activity.marketing activity.investing activity.

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Solution

Borrowing money is an example of a financing activity. This is because financing activities involve changes in the size and composition of the company's equity capital or borrowings.

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