true or false 12) The issuance of long-term debt results in a cash outflow as reported in the financing section. 13) Investing activities involve obtaining resources as a borrower and repaying creditors. 14) Issuing equity securities is an operating activity on the statement of cash flows. 15) Payment of dividends is a financing activity

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter16: Statement Of Cash Flows
Section: Chapter Questions
Problem 11Q: Note payments reduce cash and are related to long-term debt. Do these facts automatically lead to...
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true or false 12) The issuance of long-term debt results in a cash outflow as reported in the financing
section. 13) Investing activities involve obtaining resources as a borrower and repaying creditors. 14)
Issuing equity securities is an operating activity on the statement of cash flows. 15) Payment of dividends
is a financing activity
Transcribed Image Text:true or false 12) The issuance of long-term debt results in a cash outflow as reported in the financing section. 13) Investing activities involve obtaining resources as a borrower and repaying creditors. 14) Issuing equity securities is an operating activity on the statement of cash flows. 15) Payment of dividends is a financing activity
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