Which of the following statements about financing activities is not correct A

Question

Which of the following statements about financing activities is not correct?

A) Cash dividends paid to a company's stockholders are reported as cash outflows from financing activities.

B) When a company issues stock for cash, it reports a cash inflow from financing activities.

C) When a company repurchases stock with cash, it reports a cash outflow for financing activities.

D) When a company repays a loan, it reports a cash inflow from financing activities.

Answer

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