The appropriate section in the a
statement of cash flows for
reporting the purchase of
equipment for cash is:
Schedule of noncash investing or
financing activity.
Investing activities.
Operating activities.
This is not reported on the statement
of cash flows.
Financing activities.
, A company's board of directors d
votes to declare a cash dividend of
$0.75 per share of common stock.
The company has 15,000 shares
authorized, 10,000 issued, and 9,500
shares outstanding. The total amount
of the cash dividend is:
$14,625.
$11,250.
$10,250.
$7,125.
$7,500.