Which of the following describes the financing activities section of the statement of cash flows?

Question

Quizplus · Accepted Answer

The financing activities section of the statement of cash flows shows cash transactions that primarily affect the long-term liabilities and equity of the business, such as issuing or repurchasing stock, paying dividends, and borrowing or repaying debt. This section does not include increases or decreases in long-term assets or transactions that primarily affect current assets and liabilities. The beginning and ending balances of cash are shown in the cash flow from operating activities section.

Which of the Following Describes the Financing Activities Section of the Statement