In a Statement of Cash Flows, Which of the Following

question 50

Multiple Choice

In a statement of cash flows, which of the following events would be classified as a financing activity?

• A)purchase of a trading security
• B)payment of interest on a loan
• C)payment of cash dividends to stockholders
• D)all of these

---

Definitions:

Supply Elasticity

Measures how the quantity supplied of a good responds to a change in the price of that good.

Market Supply Curve

A graphical representation of the quantity of goods and services that suppliers are willing and able to sell at various prices during a given period.

Complements

Goods or services that are used together, where the demand for one is increased when the price of the other decreases.