Asked by
Kayla Hanken
on Oct 27, 2024
Verified
When a company pays its previously declared cash dividend,an investing cash outflow is reported.
Investing Cash Outflow
Cash used in investing activities, including purchasing assets or making loans.
Cash Dividend
A payment made by a corporation to its shareholders, usually as a distribution of profits.
- Comprehend the basic accounting for issuance and repurchase of company's own shares.
Verified Answer
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Learning Objectives
- Comprehend the basic accounting for issuance and repurchase of company's own shares.