Question: 1. Paying dividends to stockholders: Multiple Choice A. represents an investing activity. B. does not impact the period cash flows. C. represents an operating activity.
1. Paying dividends to stockholders:
Multiple Choice
A. represents an investing activity.
B. does not impact the period cash flows.
C. represents an operating activity.
D. represents a financing activity.
2. Probable future economic benefits obtained or controlled by an entity as a result of past transactions or events defines:
Multiple Choice
A. assets.
B. liabilities.
C. equity.
D. retained earnings.
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