Question
Which of the following would be considered a cash-flow item from a financing activity? a A cash outflow to the government for taxes b A
Which of the following would be considered a cash-flow item from a financing activity?
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| a | A cash outflow to the government for taxes |
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| b | A cash outflow to repurchase the firm's own common stock |
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| c | A cash outflow to lenders as interest |
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| d | A cash outflow to purchase bonds issued by another company |
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Managerial Accounting
Authors: Kulp, Susan, Dragoo, Amie, Hartgraves, Al L, Morse Wayne J.
9th Edition
1618533622, 9781618533623
