Assume that the Fitzgerald Corporation uses the indirect method to depict cash flows.

Assume that the Fitzgerald Corporation uses the indirect method to depict cash flows.

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Your answer is correct.
 
 
Assume that the Fitzgerald Corporation uses the indirect method to depict cash flows. Indicate where, if at all, a stock dividend declared and issued would be classified on the statement of cash flows.

 




Financing activities section.
 


Does not represent a cash flow.
 


Investing activities section.
 


Operating activities section.
 
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