Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

In a statement of cash flows, which of the following items is reported as a cash outflow from financing activities?

I. Payments to retire mortgage notes II. Interest payments on mortgage notes. I. dividend payments a) I, II and I b) II and I c) I only d) I and I.

user-image
Question added by Deleted user
Date Posted: 2014/04/05
Muhammad Hassaun
by Muhammad Hassaun , Shared Services Lead , M&P Express Logistics (Pvt.) Ltd.

1. Dividend Paid

2. Long Term Lease Payments

3. Retire Mortgage Notes

dividend payments ,repayment of bond,purchase of treasury stock all these are financing activities (cash flow out)

Robert Lois Inaldo
by Robert Lois Inaldo , Senior Audit Associate , Deloitte Philippines

The answer will be letter A.

Muhammad Rafeeq
by Muhammad Rafeeq , Asst. Finance Manager , Caltrols Fzco

Dividend payments

Dividend payment, retired mortgage notes

Financing activities include payments to retire mortgage notes and dividend payments.

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.