6When a company declares a cash dividend, which of the following is the correct reporting on the statement of cash flows? A use of cash in the operating section. A use of cash in the investing section. A use of cash in the financing section. As a significant non-cash financing and investing activity.

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
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6When a company declares a cash dividend, which of the following is the correct reporting on the statement of cash flows?

A use of cash in the operating section.
A use of cash in the investing section.
A use of cash in the financing section.
As a significant non-cash financing and investing activity.
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