Which of the following does not represent an outflow of cash and there fore would not be reported on the statement of cash flows as a use of cash?
a. Purchase of non current assets
b. purchase of treasury stock
c. discarding an asset that had been fully depreciated
d. Payment of cash dividends

Which of the following does not represent an outflow of cash and there fore would not be reported on the statement of cash flows as a use of cash?
a. Purchase of non current assets
b. purchase of treasury stock
c. discarding an asset that had been fully depreciated
d. Payment of cash dividends
The answer is "c". Whenever dealing with cash flow items think just that "CASH FLOWS"