When a company declares a cash dividend, which of the following is the correct reporting on the statement of cash flows? * A use of cash in the operating section. * A use of cash in the investing section. * A use of cash in the financing section. * As a significant non-cash financing and investing activity.
When a company declares a cash dividend, which of the following is the correct reporting on the statement of cash flows? * A use of cash in the operating section. * A use of cash in the investing section. * A use of cash in the financing section. * As a significant non-cash financing and investing activity.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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46When a company declares a cash dividend, which of the following is the correct reporting on the statement of cash flows?
* A use of cash in the operating section.
* A use of cash in the investing section.
* A use of cash in the financing section.
* As a significant non-cash financing and investing activity.
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