Which of the following sections from the statement of cash flows include the cash paid for the purchase of Treasury Stock?
A)the financing section
B)the operating section
C)the investing section
D)the non-cash investing and financing section

Question

Quizplus · Accepted Answer

Treasury stock represents shares of a company's own stock that has been repurchased by the company. The cash paid for the purchase of Treasury Stock is a financing activity, as it relates to the company's own capital structure. Therefore, it will be included in the financing section of the statement of cash flows.

Which of the Following Sections from the Statement of Cash