The Board of Directors of Berweck Corporation Declared a Cash

question 112

Multiple Choice

The board of directors of Berweck Corporation declared a cash dividend on January 18, 2010 , to be paid on February 18, 2010 , to shareholders holding the stock on February 2, 2010 . Given these facts, the date February 2, 2010 , 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:

Vertical Intercept

The point where a line or curve crosses the vertical axis of a graph, indicating the value of the dependent variable when the independent variable is zero.

Slope

The measure of the steepness or incline of a line, often representing the rate of change between two variables in mathematics and economics.

Vertical Intercept

The point where a line or curve meets the vertical axis (usually the y-axis) on a graph.

Independent Variable

A variable that is manipulated or controlled in an experiment to test its effect on a dependent variable.