John Spends Ten Hours Studying for a Test, and He

question 40

True/False

John spends ten hours studying for a test, and he spreads those ten hours over several days. Julie spends ten hours studying for the same test, but she studies all ten hours the day before the test. Because they spent an equal amount of time studying, they should get about the same scores on the test (assuming they are students of equal ability).

---

Definitions:

Cash Dividends

Payments made by a company out of its profits to its shareholders, typically in the form of cash.

Preferred Shares

A class of ownership in a corporation that has a higher claim on assets and earnings than common shares, usually with fixed dividends.

Incorporation Date

The specific date on which a legal entity was legally created or incorporated, officially beginning its existence as a corporate body.

Declaration Date

The declaration date is when a company's board of directors announces the issuance of a dividend, specifying the amount and the payment date.