asked 167k views
2 votes
The payment of a cash dividend would be classified as a(n) :

a. operating activity.
b. investing activity.
c. financing activity.
d. significant noncash activity.

1 Answer

3 votes

Answer:

The answer is C, finance activity

Step-by-step explanation:

Financing activities are transactions or business program that affect long-term liabilities and equity. They can also be transactions with creditors or investors used to fund either company operations or other industry proliferation activities such as expansion.

Other example include: Repurchase of company stock,Issuance of debt,

Repayment of debt.

answered
User Fifi
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