During the current year, a company declared and paid a $60,000 cash dividend and a 10% stock

Question:

During the current year, a company declared and paid a $60,000 cash dividend and a 10% stock dividend. How will these two items be treated on the current year’s cash flow statement?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...

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