Homework Answers
Financing activities involve issuing long term debt.
Correct option is C.
All activities relating to issue of shares or bonds, redemption of bonds, payment of cash dividends and issue and repayment of note payable are included under financing section of the statement of cash flows.
Buying investments in the other companies, buying plant assets and lending long term money are investing activities.
Kindly comment if you need further assistance. Thanks‼!
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