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Aleksandr-060686 [28]
2 years ago
12

Strafford Inc. elected to use the nature of distribution approach for distributions from its equity-method investment purchased

at the beginning of 20X1. In the statement of cash flows, Strafford should classify dividends received from its investment:_________
a. as operating activity.
b. as investing activity.
c. based on the nature of the earnings generated by the investee company.
d. as part operating activity and part investing activity.
Business
1 answer:
elena-14-01-66 [18.8K]2 years ago
3 0

Answer:

a. as operating activity.

Explanation:

The dividend received is the return from the investment made, Hence it will be classified as income.

As dividend received is income, so the income will be classified as the operating activity of the business.

Operating activities are all those income and expense transactions that are executed to operate the business.

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3 years ago
You are consulting for a natural food products distributor who is interested in determining the benefits it could achieve from i
antiseptic1488 [7]

The first advised will be to carry our a survey that will show peoples opinion.

<h3>What is the importance of consulting?</h3>

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2 years ago
Zapper has beginning equity of $293,000, net income of $69,000, dividends of $58,000 and stockholder investments of $24,000. Its
Yuki888 [10]

Answer:

$328,000

Explanation:

As we all know that:

Ending Equity = Opening Equity + Share Issues + Net Income – Net Loss – Dividends Paid

Here,

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3 years ago
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3 years ago
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A survey by the National Restaurant Association found that 70% of consumers say that they are more likely to visit restaurants t
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To determine the number of consumers which might prefer eating locally produced food, we simply multiply the metropolitan population by the decimal equivalent of the percentage given. That is,
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