Which of the following items affecting retained earnings during a period could be reported in the financing activities section of the statement of cash flows?
A) cash dividends paid only
B) profit for the period only
C) both cash dividends paid and profit for the period
D) neither cash dividends paid nor profit for the period
Correct Answer:
Verified
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A)solvency.
B)profitability.
C)liquidity.
D)creativity.
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A)the
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