This Is the Date the Firm Sends Dividends Out to the Shareholders

question 28

Multiple Choice

This is the date the firm sends dividends out to the shareholders.

• A) declaration date
• B) ex-dividend date
• C) record date
• D) payment date

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Definitions:

Net Income

The total earnings of a company after all expenses and taxes have been subtracted from total revenue.

Sales

The revenue generated from goods or services sold by a company in the ordinary course of its business.

Contribution Margin

The amount remaining from sales revenue after variable expenses are deducted; it contributes towards covering fixed costs and generating profit.

Administrative Expenses

Costs associated with the general management of a business, such as salaries of senior executives, legal and financial charges, marketing, and office supplies.