Which of the following would be classified as a financing activity on the statement of cash flows?
A)Cash receipts from accounts receivable collections.
B)Cash receipts from sale of equipment.
C)Cash paid to purchase treasury stock.
D)Cash paid for interest on notes payable.

Question

Quizplus · Accepted Answer

Cash flows from financing activities include exchanges of cash with stockholders,including the purchase of treasury stock,and cash exchanges with lenders (for principal on loans).

Which of the Following Would Be Classified as a Financing