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QUESTION 34 Cash paid for preferred stock dividends should be shown on the statement of cash flows under investing activities
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Answer #1

Option B is the answer

Operating activities - Operating activities section of cash flow statement deals with the source and usage of cash in day to day activities of business

Investing activities - Investing activities section deals with the purchase/sale of long term investments or Property, Plant and Equipment

Financing activities - Financing activities deals with how company raises its capital/payback its interest or dividends. Preferred dividends issued falls here.

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