The purchase of treasury stock is reported on the statement of cash flows in the

Name: The purchase of treasury stock is reported on the statement of cash flows in the
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Question

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The purchase of treasury stock is considered a financing activity because it involves the company buying its own shares back from shareholders, which affects the company's capital structure and equity position. Therefore, it is reported on the statement of cash flows in the financing section.

The Purchase of Treasury Stock Is Reported on the Statement