For each of the following items, indicate whether it would be classified as an (O) operating activity, an (I) investing activity, a (F) financing activity, or a significant (N) noncash financing and investing activity.
-Paid cash dividends.
A)F
B)O
C)N
D)I

Question

Quizplus · Accepted Answer

Paying cash dividends is considered a financing activity because it relates to the distribution of profits to shareholders, which is a part of financing the company's operations and structure.

For Each of the Following Items, Indicate Whether It Would