Carriage House Cleaners purchased equipment and paid dividends during the year.Where do these amounts appear on the statement of cash flows, respectively?

Question

Quizplus · Accepted Answer

Purchasing equipment is considered an investment activity and dividend payment is considered a financing activity. Therefore, equipment purchase would appear on the investing activities section and dividend payment would appear on the financing activities section of the statement of cash flows.

Carriage House Cleaners Purchased Equipment and Paid Dividends During the Year.Where