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24 February, 18:24

McGill purchases additional office equipment to better serves its customers. This purchase is classified as what type of activity?

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  1. 24 February, 21:01
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    Answer: Investing activity.

    Explanation:

    McGill purchase of office equipment to better serve their customers is an investing activity. An investing activity is the cost recorded by a business organization on investments and procurement of equipments for smooth business operations.
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