Questions
33:010:272:05 INTRO FINANCIAL ACCT Final exam- Requires Respondus LockDown Browser
Single choice
Which of the following is a cash outflow for a financing activity on the statement of cash flows?
Options
A.payment for purchasing Merchandise Inventory
B.payment of dividends
C.payments to the government for taxes
D.payment of interest on a loan
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Step-by-Step Analysis
To tackle this question, let's evaluate what kinds of cash flows fall under financing activities versus other categories.
Option 1: 'payment for purchasing Merchandise Inventory' is a cash outflow, but it relates ......Login to view full explanationLog in for full answers
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