According to the Financial Accounting Standards Board (FASB), which of the following is a cash flow from a "financing" activity?
a. cash outflow to the government for taxes.
b. cash outflow to shareholders as dividends.
c. cash outflow to lenders as interest.
d. cash outflow to purchase bonds issued by another company.
Answer: B
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.