When using the indirect method,how would the declaration and payment of cash dividends be shown on the statement of cash flows?
A)As an operating activities
B)As an investing activities
C)As a financing activities
D)As a noncash investing and financing activities

Question

Quizplus · Accepted Answer

The declaration and payment of cash dividends are considered a financing activity as it involves the distribution of profits to the shareholders. It is reported in the financing section of the statement of cash flows under the heading "Cash flows from financing activities."

When Using the Indirect Method,how Would the Declaration and Payment