Which one of the following is an example of a financing activity? a. Cash payments to purchase

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Which one of the following is an example of a financing activity?
a. Cash payments to purchase debt or equity securities of other entities (other than trading securities)
b. Cash payments to stockholders as dividend
c.
Cash receipts from dividend revenue
d. Cash receipts from collection of principal on loans made to other entities

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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