All of the following are cash outflows from an operating activity except
A)payment of interest on a loan.
B)payment for purchasing inventory.
C)payment to the government for tax bill.
D)owner withdrawal from the company.

Question

Quizplus · Accepted Answer

Owner withdrawals are considered a financing activity, not an operating activity. Operating activities involve the cash flows directly related to earning income, including payments for inventory and taxes, and interest payments.

All of the Following Are Cash Outflows from an Operating