Question : Buy-back of shares is an extra-ordinary item for -
Option 1: Operating Activities
Option 2: Investing Activities
Option 3: Financing Activities
Option 4: Cash and Cash Equivalents
Answer (1)
21st Jan, 2024
Correct Answer: Financing Activities
Solution : Receiving cash through stock issuances or spending cash to repurchase shares are two examples of common cash flow items resulting from a company's financing activities.
Hence the Correct answer is option 3.
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