Tressler Industries opted to repurchase 5,000 shares of stock last year in lieu of paying a dividend.The cash flow statement for last year must have which one of the following assuming that no new shares were issued?
A) Positive operating cash flow
B) Negative cash flow from assets
C) Negative cash flow to stockholders
D) Negative operating cash flow
E) Positive cash flow to stockholders
Correct Answer:
Verified
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