The Retirement of Callable Bonds at an Amount Above Face

question 92

Multiple Choice

The retirement of callable bonds at an amount above face value would appear on a statement of cash flows as an:

• A)outflow in the financing activities section.
• B)inflow in the financing activities section.
• C)inflow in the operating activities section.
• D)outflow in the operating activities section.

---

Definitions:

Partnership

A legal arrangement between two or more parties who agree to do business together and share its profits and losses.