On the statement of cash flows, how would the payment of cash dividends to company shareholders be characterized?
A) cash flows from operating activities
B) cash flows from financing activities
C) cash flows from investing activities
D) long-term liability

Question

Quizplus · Accepted Answer

Payment of cash dividends to company shareholders falls under the category of cash flows from financing activities, as it involves the distribution of profits to owners of the company.

On the Statement of Cash Flows, How Would the Payment