Primary purpose of the statement of cash flows

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Reference no: EM13152293

The primary purpose of the statement of cash flows is to provide information about a companys: a. cash receipts and cash payments. Corporations should record dividends as a direct charge to retained earnings (or in a temporary account, Dividends, that is eventually closed out to retained earnings) at the: a. date of declaration b. date of record c. date of payment Which of the following does not reduce a companys retained earnings when it is declared?

Reference no: EM13152293

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