Which One of the Following Transactions Should Be Classified as a Financing

question 144

Multiple Choice

Which one of the following transactions should be classified as a financing activity on the statement of cash flows?

• A) Purchase of equipment.
• B) Purchase of the company's own stock.
• C) Sale of a long-term investment.
• D) Payment of interest to a lender.

---

Definitions:

Java.awt

A package in Java that contains classes for creating and managing graphical user interfaces and painting graphics and images.

GUI Program

Software applications that use a graphical user interface for interaction with the user, allowing for more intuitive control and data manipulation.

Radius

The distance from the center to the boundary of a circle, sphere, or other rounded geometric figure.

Surface Area

The total area of the outer surface of a three-dimensional object.