The Date on Which a Shareholder Is Officially Listed as the Recipient

question 10

Multiple Choice

The date on which a shareholder is officially listed as the recipient of stock rights is called the:

• A) issue date.
• B) offer date.
• C) declaration date.
• D) holder-of-record date.
• E) ex-rights date.

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Definitions:

Estimable

The ability to be estimated or quantified, often used in contexts where financial figures or outcomes need to be projected or approximated.

Quick Ratio

A measure of liquidity that calculates a company's ability to cover its short-term liabilities with its most liquid assets.

Assets

Economic resources owned or controlled by a business or entity that are expected to provide future benefits.

Liabilities

Liabilities are financial obligations or debts that a company owes to others, including loans, accounts payable, mortgages, and other forms of owed money.