Cash flows that result from debt and equity financing transactions, including incurrence and repayment of debt, cash inflows from the sale of stock, and cash outflows to pay cash dividends or repurchase stock are called
A. operating flows.
B. investment flows.
C. financing flows.
D. None of the above.
Answer:C
Cash flows that result from debt and equity financing transactions, including incurrence and repayment of debt, cash inflows from the sale of stock, and cash outflows to pay cash dividends or repurchase stock are called
A. operating flows. B. investment flows. C. financing flows. D. None of the above.