Asked by
Jeanette Padilla
on Nov 18, 2024Verified
On the statement of cash flows, the cash flows from financing activities section would include all of the following except
A) receipts from the sale of bonds payable
B) payments for dividends
C) payments for purchase of treasury stock
D) payments of interest on bonds payable
Financing Activities
Activities that result in changes in the size and composition of the equity capital or borrowings of a company, as reported in the cash flow statement.
Treasury Stock
Treasury stock consists of shares that were issued and later reacquired by the issuing company, reducing the amount of outstanding stock on the open market.
Bonds Payable
Long-term debt instruments issued by a company to raise capital, with the promise to pay back with interest at a future date.
- Master the principles of identifying and detailing cash flows from investing and financing activities.
Verified Answer
HG
Learning Objectives
- Master the principles of identifying and detailing cash flows from investing and financing activities.