Declaration of a cash dividend on common stock affects cash flows from operating activities under the direct and indirect methods as follows: Direct Method Indirect Method

Declaration of a cash dividend on common stock affects cash flows from operating activities under the direct and indirect methods as follows:
Direct Method Indirect Method



a. Outflow Inflow
b. Inflow Inflow
c. Outflow Outflow
d. No effect No effect







Answer: D


Learn More :

Accounting Chapter 23

Learn More Multiple Choice Question :