Question: The dividends payable account belongs on which statement? a. statement of cash flows b. statement of retained earnings c. balance sheet d. income statement Current Liabilities: Current liabilities are short-term obligat...
Under U.S. GAAP, not IFRS, dividends paid must be reported only in financing cash flow because dividends are paid on equity and are not reported on the income statement. Choice "b" is incorrect. Dividends are paid on equity, not on investing activities. Therefore, dividends paid are ...
Sign up with one click: Facebook Twitter Google Share on Facebook illegal dividend (redirected fromIllegal Dividends) Illegal dividend A corporation'sdividendthat isdeclaredin violation of its charter and/or of state laws, typically because of the way it is calculated. ...
The statement has three main elements: assets, liabilities, and equity owned by the company. It's a representation of how company assets have received funding by liabilities and shareholder's equity.Answer and Explanation: Yes, dividends are on the statement of financial position. This is because...
The income statement is not affected by the declaration and payment of cash dividends on common stock. (However, the cash dividends on preferred stock are deducted from net income to arrive at net income available for common stock.) The statement of cash flows will report the amount of the ...
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The current dividend payout can be found among a company's financial statements on the statement of cash flows. The rate of growth of dividend payments requires historical information about the company that can easily be found on any number of stock information websites.The required rate of retu...
Retained earnings represent the accumulated profits that a company has retained or reinvested back into the business. It is the portion of a company’s net income that is not distributed to shareholders in the form of dividends. When a company earns profits, it has several options on how to ...
Dividends are usually paid out quarterly, on a per-share basis. The decision to pay (or not pay) a dividend is typically made when a company finalizes itsincome statementand the board of directors reviews the financials. When a company declares a dividend on thedeclaration date, it has a ...
The income tax varies from about 10% to about 40%, depending upon countries, periods, industries, legislation, etc. Let's consider a representative tax rate of 25%. So our firm will have to pay 25% on its result of 63. To have round numbers, let's make it 16. ...