Business, 13.07.2021 15:50, linag969p9xeno

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.

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