Which one of the following is an example of a financing activity? a. Cash payments to purchase
Question:
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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Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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