Per US GAAP, Paying a cash dividend to its stockholders is found in which activity section A) Investing B) Operating C) Adjusting D) Financing
Per US GAAP, Paying a cash dividend to its stockholders is found in which activity section A) Investing B) Operating C) Adjusting D) Financing
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter21: Corporations: Taxes, Earnings, Distributions, And The Statement Of Retained Earnings
Section: Chapter Questions
Problem 4MC
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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
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Step 1 Introduction
Cash flow statement is divided on the basis of 3 parts:
Operating, financing and investing.
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