Which of the following items below will be subtracted in the financing cash flow portion of the statement of cash flows?
A)Net income earned.
B)Bank loans obtained.
C)Payment of dividends.
D)Disposal of equipment.

Question

Quizplus · Accepted Answer

Net income appears in the cash flows from operating activities and cash flows from the disposal of equipment are related to investing activities.Bank loans obtained would be added (not subtracted)in the financing cash flows section.

Which of the Following Items Below Will Be Subtracted in the Financing