The amount of cash paid by a business for dividends would be reported as an operating activity cash flow on the stateme
Posted: Sat Aug 07, 2021 6:34 am
The amount of cash paid by a business for dividends would be reported as an operating
activity cash flow on the statement of cash flows.
Answer: FALSE
Explanation: Dividends are reported on the statement of stockholders' equity. On the statement
of cash flows, dividends are reported as a financing activity.
activity cash flow on the statement of cash flows.
Answer: FALSE
Explanation: Dividends are reported on the statement of stockholders' equity. On the statement
of cash flows, dividends are reported as a financing activity.