Discuss why dividends do not appear on the statement of income but do appear on the statement

Question:

Discuss why dividends do not appear on the statement of income but do appear on the statement of cash flows.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Understanding Financial Accounting

ISBN: 978-1118849385

1st Canadian Edition

Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald

See More Books

Question Posted: Jun 11, 2015 06:35 AM

See More Questions

Explain why dividends do not appear on the statement of income.
Discuss why dividends do not appear on the statement of earnings but do appear on the statement of cash flows.
The following items may or may not appear on the statement of cash flows: a. Net income b. Cash paid for equipment c. Cash received from customers d. Increase in accounts receivable e. Gain on sale...
Find I0 in the circuit using nodal analysis. WW- Io 2kQ SkQ 10 mA 2kQ
Latoya, a college professor, takes a nine-month leave of absence from her employment at a college in Ohio and accepts a visiting professorship (temporary assignment) at a college in Texas. Latoya...
Required information [The following information applies to the questions displayed below.) Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two...
In process I, opening work-in-progress in February 1989 was 200 units, 40% complete. 1,050 units were introduced during the period. 1,100 completed units were transferred to process II and 150 units...
McIntyre Industries manufactures iPhone case covers. Sarabeth Anderson, the CEO, is trying to decide whether to adopt a lean thinking model. She expects that adopting lean production would save...
Required information [The following information applies to the questions displayed below! The following partially completed process cost summary describes the July production activities of the...
You have been asked to develop a work breakdown structure for a project. How should you go about accomplishing this? Should the WBS be time-phased, department-phased, division-phased, or some...
Describe how the basic accounting equation (or statement of financial position equation) is used to analyze how transactions are recorded in the template system.
Explain, in your own words, the difference between the cash basis of accounting and the accrual basis of accounting.
Discuss the extent to which social media can be used for direct marketing.
What are the different types of drones?
What are the applications of drones?
What are the various protocols in telecom domain?
What are the various types of routing protocols?
For all the benefits they bring to business, social media and other communication technologies have created a major new challenge: responding to online rumors and attacks on a company's reputation....
The chief executive of your organization has recently seen a reference to zero-based budgeting. He has asked for more details of the technique. You are required to prepare a report for him...
During registration at Tech every quarter, students in the Department of Management must have their courses approved by the departmental advisor. It takes the advisor an average of 4 minutes...
Dura Corporation makes metal frames for several world brands of portable home generators. They sell the frames to a wide variety of portable generator manufacturers such as DeWalt, DuroMax, Generac,...
You are preparing the bank reconciliation for your company, Hanneson Holdings Ltd., as at October 31. Required Indicate whether each of the following items would be added to the bank balance,...
Majestic Equipment Sales Company, which sells only on account, had a $120,000 balance in its Accounts Receivable and a $4,200 balance in its Allowance for Doubtful Accounts on December 31, 2019....
Potter Ltd. began operations in January 2019. On December 31, 2019, the end of its first year of operations, the balance in the companys Accounts Receivable account was $136,000. All of the companys...
1. Determine the value of the right to use asset and lease liability at commencement of the lease.
Problem 22-1 The management of Sunland Instrument Company had concluded, with the concurrence of its independent auditors, that results of operations would be more fairly presented if Sunland changed...
Question 4. - Week 9. What are the major competitive issues General Electric faces when managing cooperative strategies? - (7 marks)

Discuss why dividends do not appear on the statement of income but do appear on the statement

Question:

Step by Step Answer:

Dividends are not normal business expenses They are a di...View the full answer

Understanding Financial Accounting

Students also viewed these Accounting questions