Royer Corporation engaged in this transaction:
Declared and issued a stock dividend.
Indicate which section,if any,the above transaction would appear in,or relate to,on a statement of cash flows.
A) Financing activities section
B) Operating activities section
C) Does not represent a cash flow
D) Investing activities section

Question

Royer Corporation engaged in this transaction:
 Declared and issued a stock dividend.
Indicate which section,if any,the above transaction would appear in,or relate to,on a statement of cash flows.
A) Financing activities section
B) Operating activities section
C) Does not represent a cash flow
D) Investing activities section

Quizplus · Accepted Answer

The declaration and issuance of a stock dividend do not represent a cash flow, and therefore would not appear in any section of the statement of cash flows.

Royer Corporation Engaged in This Transaction