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H3Ko H3Ko
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8 years ago
Which of the following is a cash outflow for a financing activity on the statement of cash flows?
A) purchase of land
B) purchase of long-term investments, such as the stock of another company
C) loans made to another party
D) purchase of treasury stock
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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8 years ago
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H3Ko Author
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#2
7 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
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#3
7 years ago
I'm liking this Slight Smile
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