The financing activities section of a statement prepared using the direct method includes changes in ________

Since a putable bond gives its holder the right to "put the bond" at specified times or because of specified actions by the issuing firm, the bond's yield would be lower than that of an otherwise equivalent non-putable bond

Indicate whether the statement is true or false

Which of the following is not considered a financing activity when preparing the statement of cash flows?

A) issuance of common stock B) redemption of bonds payable C) payment of dividends D) payments on notes receivable