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

Question

Quizplus · Accepted Answer

The purchase of Treasury Stock is considered a financing activity because it involves the use of funds that have already been raised by the company, such as through the issuance of stock. The financing activities section of the statement of cash flows reports the cash inflows and outflows related to the company's financing activities, including the issuance or repurchase of stock, the payment of dividends, and the repayment of debt.

Which of the Following Sections from the Statement of Cash