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What What is the impact on the statement of cash flows when a company repurchases...

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Accounting

What What is the impact on the statement of cash flows when a company repurchases its stock?

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Repurchasing stock decreases cash flows and is shown in the operating section.

Repurchasing stock decreases cash flows and is shown in the financing section.

Repurchasing stock increases cash flows and is shown in the operating section.

Repurchasing stock increases cash flows and is shown in the financing section.

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