Which of the Following Would Be Considered a Financing Activity

question 162

Multiple Choice

Which of the following would be considered a financing activity that decreases cash on the statement of cash flows?

• A)The company pays a long-term loan.
• B)The company sells common stock.
• C)The company purchases a building.
• D)The company pays its monthly utility bill.

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Definitions:

Philosophy

The study of fundamental questions about existence, knowledge, values, reason, mind, and language through a critical, systematic approach.