If on January 3, 2012, a Company Declares a Dividend

question 63

True/False

If on January 3, 2012, a company declares a dividend of $1.50 per share, payable on January 31, 2012, then the price of the stock should drop by approximate $1.50 on January 31.

Identify consumer rights under the Fair Credit Reporting Act.

Understand consumer obligations and rights after signing contracts and the specifics of rescinding contracts.

Distinguish the applicability of the Fair Debt Collection Practices Act.

Know about the status and purpose of the Interstate Land Sales Full Disclosure Act.

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Definitions:

Receivables

All money claims against other entities, including people, business firms, and other organizations.

Current Liabilities

Short-term financial obligations a company owes and is expected to pay within a year, such as accounts payable and short-term loans.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year.

Bondholders

Individuals or entities that hold the debt securities issued by corporations or governments, entitled to receive interest payments and the return of principal.