GAAP requires that the Statement of Cash Flows (SCFs) is prepared in a specific manner. For the following items, discuss in which section (operating, investing or financing) of the SCFs they are found, where they might more appropriately be placed and why.
a. dividends received
b. interest paid
c. income taxes

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The Answer of GAAP requires that the Statement of Cash Flows (SCFs) is prepared in a specific manner. For the following items, discuss in which section (operating, investing or financing) of the SCFs they are found, where they might more appropriately be placed and why.
a. dividends received
b. interest paid
c. income taxes

GAAP Requires That the Statement of Cash Flows (SCFs) Is