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27 June, 15:21

The payment of a cash dividend would be classified as a (n):

a. operating activity.

b. investing activity.

c. financing activity.

d. significant noncash activity.

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  1. 27 June, 18:19
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    The answer is C, finance activity

    Explanation:

    Financing activities are transactions or business program that affect long-term liabilities and equity. They can also be transactions with creditors or investors used to fund either company operations or other industry proliferation activities such as expansion.

    Other example include: Repurchase of company stock, Issuance of debt,

    Repayment of debt.
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