Question: TB MC Qu . 1 2 - 1 2 0 ( Static ) Ram Corporation paid... Ram Corporation paid cash dividends totaling $ 5 5

TB MC Qu.12-120(Static) Ram Corporation paid...
Ram Corporation paid cash dividends totaling $55,000 during its most recent fiscal year. How should this information be reported on Ram's statement of cash flows?
Multiple Choice
In operating activities as a source of funds.
In investing activities as a source of funds.
In investing activities as a use of funds.
In financing activities as a source of funds.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!