Question
FinTech Plc began operations in 2008 and became a publicly traded company in 2017. On 1 January 2020, with Fintechs shares trading at a disappointing
FinTech Plc began operations in 2008 and became a publicly traded company in 2017. On 1 January 2020, with Fintechs shares trading at a disappointing $4 per share, the company repurchased ten percent of its outstanding shares. During 2020, it granted these shares to employees as part of their compensation. These activities will be reflected in FinTech's cash flow statement for the year ended 31 December 2020 as follows:
Select one:
A financing cash flow and an operating cash flow, respectively
An investing cash flow only
An investing cash flow and an operating cash flow, respectively
A financing cash flow only
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