Organizations summarize their goals and objectives in mission and vision statements. Both of these serve different purposes for a company but are often confused with each other. While a mission statement describes what a company wants to do now, a vision statement outlines what a company wants to be in the future.
A dividend is generally considered to be a cash payment issued to the holders of company stock. However, there are several types of dividends, some of which do not involve the payment of cash to shareholders.These dividend types are: 1  Cash dividend.2  The cash dividend is by far the most common of the dividend types used. 3  On the date of declaration, the board of directors resolves to pay a certain dividend amount in cash to those investors holding the company's stock on a specific date. dividend is generally considered to be a cash payment issued to the holders of company stock. However, there are several types of dividends, some of which do not involve the payment of cash to shareholders. These dividend types are:
Income that an individual receives can be in the form of investment income, salaries, payment receipts, profits, dividends, or any other form of funds inflow. Income that is received by an individual is usually taxable, and tax rates that are applied will depend on the level of income obtained from the income source. Salary is an inflow received in exchange for a service provided to a firm, whereas an individual does not necessarily have to provide services to receive an income. â¢ Salary is also a form of income, and both salaries and incomes are taxable depending on the tax bracket the individual belongs.