On the statement of cash flows, the Cash flows from financing activities section would include all of the following except
A) receipts from the sale of bonds payable
B) payments for dividends
C) payments for purchase of treasury stock
D) payments of interest on bonds payable

Question

Quizplus · Accepted Answer

The Cash flows from financing activities section includes activities that involve the company's owners or creditors, such as issuing or repurchasing stock, borrowing or repaying debt, and paying dividends. Payments of interest on bonds payable would be included in the Cash flows from operating activities section as a component of the company's net income.

On the Statement of Cash Flows, the Cash Flows from Financing