When using the indirect method, how would the declaration and payment of cash dividends be shown on the statement of cash flows?
A) Operating activities
B) Investing activities
C) Financing activities
D) Noncash investing and financing activity

Question

Quizplus · Accepted Answer

The declaration and payment of cash dividends is considered a financing activity and would be shown in the financing section of the statement of cash flows.

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