From the following list, select the proper section from the statement of cash flows in which it would be classified.
-Paid a cash dividend on capital stock
A)Operating Activities
B)Investing Activities
C)Financing Activities

Question

Quizplus · Accepted Answer

Payment of cash dividend on capital stock is a financing activity as it involves distribution of earnings to the shareholders and impacts the company's capital structure.

From the Following List, Select the Proper Section from the Statement