Question 8 Which of the following items are not included in determining the cash
ID: 2382277 • Letter: Q
Question
Question 8
- Which of the following items are not included in determining the cash receipts (inflows) from financing activities? Answer a. Proceeds from the issuance of long-term debt b. Payments for the purchase of treasury stock c. Cash from the sale of treasury stock d. Cash from the issuance of stock
- Which of the following items are not included in determining the cash receipts (inflows) from financing activities? Answer a. Proceeds from the issuance of long-term debt b. Payments for the purchase of treasury stock c. Cash from the sale of treasury stock d. Cash from the issuance of stock
Explanation / Answer
Shall be the correct answer as it is a part of investing activities and c is a part of financing activities
however option a and b are not inflows and hence shall be avoided
so c is correct answer
c. Cash from the sale of treasury stock