Which of the Following Changes in Retained Earnings During a Period

question 206

Multiple Choice

Which of the following changes in retained earnings during a period will be reported in the financing activities section of the statement of cash flows?

• A) Declaration of a cash dividend paid during the period.
• B) Net income for the period.
• C) Neither declaration of a cash dividend paid during the period nor net income for the period.
• D) Both declaration of a cash dividend paid during the period and net income for the period.