Examlex
Situation
Carl is a junior in college.Over the last 12 months,he has spent his weekends drinking alcohol and playing poker.He does not drink on weekdays but occasionally uses "speed" if it is available to stay awake during the all-night poker games.He then takes Valium so that he can sleep during the day and be rested for the next night's game.Carl's friends are worried that Carl is hooked on drugs and that he can't stop,but Carl claims that he has no problem with his drug use.Carl boasts that he can drink more beer now than he could when he first came to college without becoming as intoxicated or having a hangover the next day.He dismisses the risks associated with mixing alcohol with other drugs like Valium,stating that only people who don't know what they are doing have problems.Carl attends his classes,although he has been missing the early Monday class and his overall grade-point average has dropped this semester.
-When Mike found that he had to use more of the marijuana to get the same relaxing state,he was experiencing
Cash Dividend
A payment made by a company out of its earnings to investors in the form of cash.
Dividend Declaration
An official announcement by a company’s board of directors to pay a specified dividend at a later date.
Common Dividend Payable
is a liability recorded on a company’s balance sheet representing the amount of dividends declared by the board of directors to be paid out to common stockholders.
Stock Dividend
A distribution of a corporation's earnings to its shareholders in the form of additional shares, rather than cash.
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