In a statement of cash flows, which of the following items is reported as a financing...
In a statement of cash flows, which of the following items is reported as a financing activity?
- Payments to retire mortgage notes
- Interest payments on mortgage notes
- Dividend payments
Question 38 options:
|
1, 2, and 3 |
|
|
2 and 3 |
|
|
1 only |
|
|
1 and 3 |
Homework Answers
Correct option is: D. 1 and 3
Payment to retire mortgage notes and Dividend payments both are financing activities where as interest payment on mortgage notes is operating activity
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