If a company reported cash dividends of $80,000 in its statement of changes in shareholders' equity, would

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If a company reported cash dividends of $80,000 in its statement of changes in shareholders' equity, would this amount also be reported as a cash outflow in the cash flow statement? Explain why or why not.

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Accounting Principles Part 3

ISBN: 978-1118306802

6th Canadian edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

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Question Posted: Mar 31, 2017 01:07 AM

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If a company reported cash dividends of $80,000 in its statement of changes in shareholders' equity, would

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Unless a cash dividend is paid the simple declaration o...View the full answer

Accounting Principles Part 3

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