Which of the following statements about cash flows from financing activities is correct?
A)When a company borrows from lenders,a cash outflow from financing activities has occurred.
B)When a company receives cash dividends,a cash inflow from financing activities has occurred.
C)When a company repurchases its own stock,a cash outflow for financing activities has occurred.
D)When a company pays cash dividends,a cash inflow from financing activities has occurred.

Question

Quizplus · Accepted Answer

When a company repurchases its own stock,a cash outflow for financing activities has occurred.When a company borrows from lenders,a cash inflow (rather than an outflow)from financing activities has occurred.When a company receives cash dividends,a cash inflow from operating (rather than financing)activities has occurred.When a company pays cash dividends,a cash outflow (rather than an inflow)from financing activities has occurred.

Which of the Following Statements About Cash Flows from Financing