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I. Payments to retire mortgage notes II. Interest payments on mortgage notes. I. dividend payments a) I, II and I b) II and I c) I only d) I and I.
1. Dividend Paid
2. Long Term Lease Payments
3. Retire Mortgage Notes
dividend payments ,repayment of bond,purchase of treasury stock all these are financing activities (cash flow out)
The answer will be letter A.
Dividend payments
Financing activities include payments to retire mortgage notes and dividend payments.