MATCHING
Indicate whether each of the following would be under Operating,Investing,Financing,or whether the item would not appear on the statement of cash flows.
-Purchase of treasury stock
A)Operating
B)Investing
C)Financing
D)Item would not appear

Question

Quizplus · Accepted Answer

The purchase of treasury stock is a financing activity as it involves the use of cash from financing sources to buy back shares.

MATCHING Indicate Whether Each of the Following Would Be Under Operating,Investing,Financing,or