Multiple Choice
Which of the following statements regarding financing activities is NOT true?
A) Cash dividends paid to a company's stockholders are reported as cash outflows from financing activities.
B) When a company issues stock for cash, it reports a cash inflow from financing activities.
C) When a company repurchases stock with cash, it reports a cash outflow for financing activities.
D) When a company repays a loan, it reports a cash outflow from investing activities.
Correct Answer:
Verified
Correct Answer:
Verified
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