Harrison Company uses the indirect method to prepare its statement of cash flows. Please refer to the following information for the year 2014: What was the amount of dividends paid during the year?

Question

Harrison Company uses the indirect method to prepare its statement of cash flows. Please refer to the following information for the year 2014:  What was the amount of dividends paid during the year?

Quizplus · Accepted Answer

The statement of cash flows shows $0 for dividends paid, indicating that the company did not pay any dividends during the year.

Harrison Company Uses the Indirect Method to Prepare Its Statement