Which of the following events would be classified as an operating activity in a statement of cash flows using the Direct Method?

Group of answer choices

receipt of a cash dividend from an equity investment

sale of a long-term investment

issuing notes payable

payment of cash dividends

The primary purpose of a company's statement of cash flows is to provide information about the company's

Group of answer choices

operations.

dividend policy.

financing and investing activities.

cash receipts and cash payments during the period.