Answered

Welcome to Westonci.ca, the place where your questions are answered by a community of knowledgeable contributors. Explore in-depth answers to your questions from a knowledgeable community of experts across different fields. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

under what section of the statement of cash flows would you classify dividends paid on common stock?

Sagot :

Answer: Financing Activities

Explanation: Dividends is an equity account. The financing activities reports transactions that have to do with liabilities and equity.

Hope this explanation helps.

We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.