There Are Three Dates That Are Important to a Corporation

question 51

Essay

There are three dates that are important to a corporation when they issue new shares of stock.Identify the three dates and explain the significance of each?
Date of declaration- The board of directors declare a cash dividend and the dividend now becomes a legal liability of the corporation
Date of record- On the date of record the corporation makes a list of the shareholders that are elgible for the cash dividend
Payment date- On the payment date the company pays the shareholders on record their cash dividend.

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Definitions:

Neurotransmitter Release

The process by which neurons release chemical messengers into the synaptic cleft, allowing them to communicate with adjacent cells.

Decrease

Decrease refers to a reduction in quantity, size, intensity, or the level of something.

Bipolar Cells

A type of neuron found in the retina, acting as an intermediary between photoreceptors and ganglion cells, transmitting visual information.

Ganglion Cells

Neurons located in the retina that receive visual information from photoreceptors and transmit it to the brain.