The Date the Board of Directors Votes to Pay a Dividend

question 197

Multiple Choice

The date the board of directors votes to pay a dividend is called the:

• A)Date of stockholders' meeting
• B)Date of declaration
• C)Date of record
• D)Date of payment
• E)Liquidating date

---

Definitions:

Total Cost

The sum of fixed and variable costs incurred by a firm in producing and distributing a specified level of output.

Marginal Cost

The expenditure involved in fabricating one more unit of a product or service.

Average Total Cost

Average total cost is the total cost of production divided by the quantity of output produced, indicating the cost on a per-unit basis.

Cookies

Small files stored on a user's computer or device by a website, containing data about the user's browsing activities.