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
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.
Question : Buy-back of shares is an extra-ordinary item for ______.
Option 1: Investing Activities
Option 2: Operating Activities
Option 3: Cash and Cash Equivalents
Option 4: Financing Activities
Question : Cash Flow from Operating Activities + Cash Flow from Investing Activities + Cash Flow from Financing Activities =
Option 1: Net increase in Cash and Cash equivalents
Option 2: Net Decrease in cash and cash equivalents
Option 3: Both 1 and 2
Option 4: None of the above
Question : The objectives of Cash Flow Statement are:
Option 1: To determine the sources (receipts) of Cash and Cash Equivalents under Operating, Investing and Financing Activities of the enterprise.
Option 2: To determine applications (payments) of Cash and Cash Equivalents under Operating, Investing and Financing Activities of the enterprise.
Option 3: To determine net change in Cash and Cash Equivalents.
Option 4: All of the above
Question : Payment for buy-back of Shares is an example of
Option 1: Extraordinary items of Operating activities
Option 2: Extraordinary items of Investing Activities
Option 3: Extraordinary items of financing Activities
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