Explore Westonci.ca, the leading Q&A site where experts provide accurate and helpful answers to all your questions. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

When a company has an obligation or right to repurchase an asset for an amount greater than or equal to its selling price, the transaction should be treated as a repurchase transaction. financing transaction. put option. outright sale.

Sagot :

Lanuel

Answer:

financing transaction.

Explanation:

A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.

Cash flow statement, also known as the statement of cash flows, contains financial information about operating, investing and financing activities.

A transaction can be defined as a business process which typically involves the interchange of goods, financial assets, services and money between a seller and a buyer.

Financing transaction can be defined as an obligation or right of an organization (business firm) to repurchase an asset for an amount greater than or equal to the selling price of the asset.