Which One of the Following Dates Is the Date on Which

question 16

Multiple Choice

Which one of the following dates is the date on which the board of directors voted to pay a dividend?

• A)payment date
• B)settle date
• C)record date
• D)ex-dividend date
• E)declaration date

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Definitions:

Average Capital Investment

The mean amount of money invested in assets over a certain period, calculated to evaluate investments' performance or compare investment opportunities.

Capital Balances

The amount of money that shareholders have invested in a company, not including retained earnings or profits.

Sole Proprietorships

A form of business organization where a single individual owns, manages, and is responsible for all aspects of the business, including debts.

Net Income

The amount of profit earned in a period after all expenses, taxes, and costs have been subtracted from total revenue.