Problem: Which of the following is  true? A) Repayments of principal and interest reduce financing cash flows. B) Repurchase of treasury shares is a cash outflow connected to investing activities. C) If we borrow $450 million in long-term notes and repay $380 million of long-term notes, then these items must both be disclosed and not netted against each other in the financing section. D) Both A and C are true. E) All of the above are true.

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Which of the following is  true?

A) Repayments of principal and interest reduce financing cash flows.

B) Repurchase of treasury shares is a cash outflow connected to investing activities.

C) If we borrow $450 million in long-term notes and repay $380 million of long-term notes, then these items must both be disclosed and not netted against each other in the financing section.

D) Both A and C are true.

E) All of the above are true.

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