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How do corporations account for premium redemptions on preferred stock?

Is the redemption a cash outflow on the statement of cash flows?
Investing or Financing section?

2006-10-18 08:57:01 · 1 answers · asked by Laura B 1 in Business & Finance ➔ Corporations

1 answers

You guess correctly; it is a cash outflow on the statement of cash flows.

2006-10-21 11:40:48 · answer #1 · answered by Teacher Man 6 · 0⤊ 0⤋

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