Davidson Interiors Declared a Dividend to Holders of Record on Thursday

question 78

Multiple Choice

Davidson Interiors declared a dividend to holders of record on Thursday, October 15, that is payable on Monday, November 2.Suenette purchased 200 shares of Davidson Interiors stock on Monday, October 12, and Jake purchased 100 shares of this stock on the following day.Which one of the following statements is correct given this information?

• A)Both Suenette and Jake will receive this dividend.
• B)Suenette will receive the dividend but Jake will not.
• C)Jake will receive the dividend but Suenette will not.
• D)Neither Suenette nor Jake will receive this dividend.
• E)You cannot determine who will or will not receive this dividend based on the information provided.

---

Definitions:

Potential Aggression

The likelihood or risk of an individual to engage in behaviors intended to harm oneself or others.

Tense and Vigilant

A state of being both physically stiff or on edge and mentally alert, often due to anxiety or stress.

Cognitively Impaired

Referring to individuals who have difficulty with mental processes such as attention, memory, understanding, and problem solving.

Validation Therapy

A therapeutic approach that involves acknowledging and validating the feelings and experiences of people with cognitive impairments, often used with dementia patients.