The payment of dividends is classified as a financing activity and because it is the payment of dividends, it is a use of cash. The payment of dividends is classified as a financing activity. See the correct answer for a complete explanation. The payment of dividends is a financing activity and since it is the payment of dividends, it is a use of cash. See the correct answer for a complete explanation. The payment of dividends is a financing activity and since it is the payment of dividends, it is a use of cash. See the correct answer for a complete explanation.
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