Assume that the Quinn Corporation uses the indirect method to depict cash flows. Indicate where, if at all, dividends received on securities held would be classified on the statement of cash flows.
A) Operating activities section.
B) Investing activities section.
C) Financing activities section.
D) Does not represent a cash flow.

Question

Quizplus · Accepted Answer

Dividends received are considered part of the company's operating activities as they are related to the company's core business operations and are included in the cash flows from operating activities section.

Assume That the Quinn Corporation Uses the Indirect Method to Depict