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Cornerstones of Financial Accounti...

4th Edition
Jay Rich + 1 other
ISBN: 9781337690881

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Cornerstones of Financial Accounti...

4th Edition
Jay Rich + 1 other
ISBN: 9781337690881
Textbook Problem
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Research and Analysis Using the Annual Report

Obtain John Deere’s 2016 annual report either through the “Investor Relations” portion of their website (do a web search for John Deere investor relations) or go to www.sec.gov and click “Company Filings Search” under “Filings."

What was the amount of cash dividends paid by John Deere for the most current year?

To determine

The company paid the dividend on the common stock. A dividend is cash outflow activities. This amount shows the negative amount because the company payment the amount to the shareholder.

The dividend amount is to be considered a financial activity. Financial activities include only those acts which related to take the loan or repayment this loan.

To discuss:

The amount of dividend paid by the Company in the current year.

Explanation

Company paid the dividend amount in most current year

Dividend paid amount taken from the cash flow statement

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