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How would a company record the purchase of treasury stock

Assignment Help Managerial Accounting
Reference no: EM132527014

Question 1: How would a company record the purchase of $30,000 of Treasury Stock on the Statement of Cash Flows?

Option 1: As a cash inflow for investing activities

Option 2: As a cash outflow for investing activities

Option 3: As a cash outflow for financing activities

Option 4: As a cash inflow for financing activities

Option 5: This transaction would not be reported on the Statement of Cash flows.

Reference no: EM132527014

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