Place the Following Dates Related to Dividend Payments in Proper

question 36

Multiple Choice

Place the following dates related to dividend payments in proper order:

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

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Definitions:

Unit Variable Expenses

Costs that vary directly with the volume of production or sales per unit.

Fixed Expenses

Costs that do not change with the level of production or sales volume, such as rent and salaries.

Variable Expenses

Expenses that vary directly with the level of production or sales volume, such as raw materials and direct labor costs.

Net Income

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