Which of the following is true?
A. Repayments of principal and interest reduce financing cash flows.
B. Repurchase of treasury shares is a cash outflow connected to investing activities.
C. If we borrow $450 million in long-term notes and repay $380 million of long-term notes, then these items must both be disclosed and not netted against each other in the financing section.
D. Both A and C are true.
E. All of the above are true.
Ans: C. If we borrow $450 million in long-term notes and repay $380 million of long-term notes, then these items must both be disclosed and not netted against each other in the financing section.
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