The Board of Directors of Autauga Corporation Declared a Cash

question 78

Multiple Choice

The board of directors of Autauga Corporation declared a cash dividend on July 15,2013,to be paid on August 15,2013,to shareholders holding the stock on August 1,2013.Given these facts,the date August 1,2013,is referred to as the

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

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Definitions:

Infraspinatus

A muscle located on the back of the shoulder blade that helps in lateral rotation of the shoulder joint and stabilization of the humerus.

Rhomboideus Group

A collection of muscles in the back that connect the spinal column to the shoulder blades, aiding in the movement and stabilization of the scapula.

Deltoid Group

A muscle group responsible for lifting the arm and giving the shoulder its range of motion.

Trapezius Group

A major muscle group in the back that extends from the neck to the middle of the spine and out to the shoulder, involved in moving, rotating, and stabilizing the scapula.