Question
On a statement of cash flows, repayment of long-term debt is considered: A) an operating activity. B) an investing activity. C) a financing activity. D)
On a statement of cash flows, repayment of long-term debt is considered:
A) an operating activity.
B) an investing activity.
C) a financing activity.
D) a noncash investing and financing activity.
On a statement of cash flows, which is NOT considered a financing activity?
A) Paid income taxes
B) Proceeds from long-term debt
C) Repayment of long-term debt
D) Paid dividends
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Accounting Principles Understanding Important Terms And Principles Of Accounting
Authors: Lyndsay Sudduth
1st Edition
B0B5KV57NJ, 979-8840104033
