Royer Corporation engaged in this transaction:
Received dividends on securities held.
Indicate which section,if any,the above transaction would appear in,or relate to,on a statement of cash flows.
A) Schedule of noncash investing and financing transactions
B) Operating activities section
C) Financing activities section
D) Investing activities section

Question

Royer Corporation engaged in this transaction:
 Received dividends on securities held.
Indicate which section,if any,the above transaction would appear in,or relate to,on a statement of cash flows.
A) Schedule of noncash investing and financing transactions
B) Operating activities section
C) Financing activities section
D) Investing activities section

Quizplus · Accepted Answer

Dividends received on securities held are considered operating cash inflows and would be included in the operating activities section of the statement of cash flows.

Royer Corporation Engaged in This Transaction