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24 April, 23:21

Which of the following items is reported on the statement of cash flows under financing activities? a. Declaration of a cash dividend. b. Payment of a cash dividend. c. Declaration of a stock dividend. d. Payment of a stock dividend. e. Stock split.

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  1. 25 April, 00:17
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    B. Payment of cash dividend

    Explanation:

    Payment of stock dividend, declaration of cash dividend or stock split does not involve outflow of cash. Hence, they do not form part of cash flow statement.

    A stock dividend is a dividend payment made in the form of additional shares rather than a cash payout.
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