contestada

Trident Corporation had the following cash flows in the current year. Which one of the following is a financing activity cash flow?
A Rent on a warehouse amounting to $1.1 million
B Purchase of $125,000 worth of five-year bonds issued by Towson Utilities
C Preferred dividends to the tune of $330,000 paid to shareholders
D Lease income received on a piece of land

Respuesta :

Preferred dividends to tune of $330,000 paid to the shareholders is financing activity cash flow.

What is cash flow?

The change in a person's or company's cash on hand is referred to as cash flow (CF). In the world of finance, the expression is used to describe the amount of money (currency) that is created or consumed over a given period of time. There are many various kinds of CF used for operating a company and conducting financial research. Each one will be thoroughly covered in this manual. Investors and business owners worry a lot about CF because it is a company's lifeblood. You may wonder what separates CF from the data displayed on an organization's revenue statement. Income and profit are calculated according to accrual accounting rules, which smooth out expenses and align revenues with the timing of when products and services are delivered.

To learn more about cash flow, visit:

https://brainly.com/question/18301012

#SPJ4

Otras preguntas