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    Managerial Accounting Study Set 23
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    Exam 15: Statement of Cash Flows
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    When a Company Pays Cash to Repurchase Its Own Common
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When a Company Pays Cash to Repurchase Its Own Common

Question 165

Question 165

True/False

When a company pays cash to repurchase its own common stock, this is reported as a cash outflow in the financing activities section of the statement of cash flows.

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