Answered: Per US GAAP, Paying a cash dividend to…

Per US GAAP, Paying a cash dividend to its stockholders is found in which activity section A) Investing B) Operating C) Adjusting D) Financing

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

Per US GAAP, Paying a cash dividend to its stockholders is found in which activity section

A) Investing

B) Operating

C) Adjusting

D) Financing

Expert Solution

Step 1 Introduction

Cash flow statement is divided on the basis of 3 parts:

Operating, financing and investing.

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