During 2023, Yalamaddi Company received $10,000 in cash dividends from other companies. The receipt of cash dividends from other companies is considered to be a(n) Investing activity Financing activity Operating activity

During 2023, Yalamaddi Company received $10,000 in cash dividends from other companies. The receipt of cash dividends from other companies is considered to be a(n) Investing activity Financing activity Operating activity

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

During 2023, Yalamaddi Company received $10,000 in cash dividends from other companies. The receipt of cash dividends from other companies is considered to be a(n)

Investing activity

Financing activity

Operating activity

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