Which of the Following Statements Is Correct

question 89

Multiple Choice

Which of the following statements is correct?

• A)The payment of a cash dividend reduces net income.
• B)Cash received from an issuance of stock to stockholders is reported as a financing cash flow within the statement of cash flows.
• C)Providing services to a customer on account doesn't impact net income.
• D)Interest payments are reported within the statement of cash flows as a financing activity.