Which of the following is a cash outflow? (a) Proceeds from borrowing. (b) Repayments of debt principal.

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Which of the following is a cash outflow?

(a) Proceeds from borrowing.

(b) Repayments of debt principal.

(c) Payment for taxes.

(d) Both (b) and (c).

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Understanding Financial Statements

ISBN: 9781292101552

11th Global Edition

Authors: Lyn Fraser, Aileen M. Ormiston

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