Which of the following statements is true?

a. Investment in another company's common stock is classified as a cash outflow from financing activities on the Statement of Cash Flows.

b. Repayment of long-term debt is classified as a cash outflow from investing activities on the Statement of Cash Flows.

c. Losses on the sale of long-term assets are an adjustment reported in the operating activities section of the Statement of Cash Flows under the indirect method.

d. Dividends paid are classified as a cash outflow from operating activities on the Statement of Cash Flows.