Which of the following is not a financing activity in the statement of cash flows?
A)Cash dividend
B)Repurchase of common stock
C)Payment of interest on debt
D)Issuance of new debt

Question

Quizplus · Accepted Answer

Payment of interest on debt is considered an operating activity, not a financing activity, in the statement of cash flows. Financing activities involve transactions related to raising capital and returning capital to shareholders.

Which of the Following Is Not a Financing Activity in the Statement