Multiply Write Your Answer in Lowest Terms $3 \cdot 2$ A) $\frac { 2 } { 3 }$

question 246

Multiple Choice

Multiply. Write your answer in lowest terms.
- $3 \cdot 2$

• A) \(\frac { 2 } { 3 }\)
• B) 6
• C) \(\frac { 13 } { 5 }\)
• D) \(\frac { 3 } { 2 }\)

Analyze how dividend declarations and payments affect stockholders' equity.

Understand the significance of dividend dates such as declaration date, date of record, and payment date.

Recognize the accounting treatments for different types of dividends.

Calculate the dividends distributed to preferred and common shareholders under various scenarios.

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Definitions:

Ownership Equity

The owners' residual interest in the assets of a company after deducting liabilities, also known as shareholders' equity or stockholders' equity.

Date of Record

The specific date set by a corporation on which the company determines the shareholders eligible to receive dividends or other distributions.

Stock Split

A stock split is a corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares.

Par Value

The face value of a bond or stock as stated by the issuer, which may differ from its market value.