Which one of the following would not be classified as a cash flow from financing activities? O Dividends paid to shareholders. O The sale of shares held as an investment. O The issue of shares to raise capital. O Repayment of borrowings.

Which one of the following would not be classified as a cash flow from financing activities? Dividends paid to shareholders. The sale of shares held as an investment. The issue of shares to raise capital. Repayment of borrowings