A source of cash from financing activities is ________.
A)issuing of a note receivable
B)collection of an account receivable
C)cash received from the sale of treasury stock
D)collection of a note receivable

Question

Quizplus · Accepted Answer

Cash received from the sale of treasury stock is a financing activity because it involves raising capital through the sale of ownership shares in the company. Issuing and collecting notes receivable, as well as collecting account receivables, are examples of cash flows from operating activities.

A Source of Cash from Financing Activities Is ________