Business, 08.10.2019 02:30 jfleming733

Which of the following statements is correct? a. the payment of a cash dividend reduces net income. b.cash received from issuing common stock to stockholders is reported as a financing activity cash flow within the statement of cash flows. c.providing services to a customer on account does not impact net income. d.the purchase of manufacturing equipment is reported within the statement of cash flows as a financing activity.

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Which of the following statements is correct? a. the payment of a cash dividend reduces net income....

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