Which of the Following Is the Date on Which a Company

question 16

Multiple Choice

Which of the following is the date on which a company determines the owners of the stock that will receive a dividend?

• A) date of record
• B) measurement date
• C) date of declaration
• D) date of payment

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Definitions:

Loaned Out

Refers to funds or assets that have been borrowed by one party from another under agreed conditions, often involving interest.

Interest

The charge for borrowing money, usually expressed as a percentage of the amount borrowed.

Forbidden

Something that is not allowed or is prohibited.

Present Value

The assessed current worth of a future money amount or cash flow series, using an established rate of return.