According to the statement of cash flows,cash flows from financing could be positive if:
A) the firm repaid more debt than it added.
B) the firm added more debt than it repaid.
C) interest rates were low on outstanding debt.
D) the firm sold portions of its plant and equipment.

Question

Quizplus · Accepted Answer

Cash flows from financing activities are positive when the firm raises more capital than it pays out. This can occur when the firm adds more debt than it repays, resulting in a net inflow of cash.

According to the Statement of Cash Flows,cash Flows from Financing