A Growing Number of Organizations Are Trying to Stay Flexible

question 15

True/False

A growing number of organizations are trying to stay flexible by increasing their size.

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Definitions:

Date of Record

The specific date set by a corporation’s board of directors after which the shareholders on record will be entitled to receive dividends or stock rights.

Cumulative Preferred Stock

Stock that has a right to receive regular dividends that were not declared (paid) in prior years.

Dividends Per Share

The total dividends declared in a period divided by the number of outstanding shares of the company.

Cash Dividends

Payments made by a company to its shareholders out of its profits or reserves.