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hippie84
May 13, 2006, 02:29 PM
If its stated that " $40,000 stock dividend was declared and issued during the year", does it mean the company already paid the dividend?

Statement of cash flow is too complicated :confused:

hippie84
May 13, 2006, 02:42 PM
Never mind I was thinking about cash dividend. :D

manik chand dey
Dec 13, 2007, 03:00 AM
Not necessary.we cannot say exactly whether it has been paid or not. This may be a case of outstanding dividend to be paid in the next reporting period.