A firms dividends payable account increased 10000 during, Ask an Expert

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A firm's dividends payable account increased $10,000 during the year. The firm also declared $35,000 of dividends. What is the complete disclosure in the direct method SCF for these events?

$45,000 financing cash outflow

$25,000 financing cash outflow

$35,000 financing cash outflow

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91417027

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